fairy story/tale, made-up story, trumped-up story, fabrication, concoction, piece of fiction, fiction, falsification, falsity, lie, untruth, falsehood, fib, deception, barefaced lie;
(little) white lie, half-truth, exaggeration, prevarication, departure from the truth;
yarn, story, red herring, rumour, myth, flight of fancy, figment of the imagination;
pretence, pretext, sham, ruse, wile, trickery, stratagem
informal tall story, tall tale, whopper
British informal porky, pork pie, porky pie
humorous terminological inexactitude
vulgar slang bullshit
Australian/New Zealand vulgar slang bulldust