The young boy was a shepherd. It was his job to protect the sheep. The sheep belonged to the shepherd.
He decided to cry wolf. He told the villagers that a wolf was eating his sheep. The villagers quickly stopped their work, and they ran to the sheep! They discovered that the boy lied. He laughed at them. The sheep were grazing quietly, and there was no wolf.
The boy didn't feel bad. and the next week he cried wolf again. This time there really was a wolf! The villagers thought he was playing another trick. The wolf ate the boys sheep.