REFUGEVILLE

>Really tempted to turn into a wolf and help fight the creature. If these people fight monsters, they might be potential allies and I cannot think of any better way to show ur goodwill.

>And in the meantime the /other/ villager can discretly go take the loot, the ingots, the oil, and tools in a big bag and saddle the horse ready to run in case they AREN'T friendly after all.

I second this, though I advise on being a bit more discreet. They might be fighting the monsters, but if you just go out there directly as a wolf, they might think of you as a threat. Unless you can show some form of goodwill beforehand, it would be best to find some way to cripple the creature first. We've done it before, we can do it again.