Whoops, new scam?

[cmac2012]

I got a nearly free cell after re-upping with T Mobile but I ended up using an unlocked phone I got on the web. My unneeded (and unused) phone sells for about $95 on e-bay so I put it on Craigslist for $80. I get an e-mail, "is it still available?" I say yes and include my phone # (again, it was in the ad). Then I get this:

Okay am still interested in the item
am actually buying it for my fiancee
for the sum of $120 including the
shipping fees to her also i will be
paying though paypal so get back
to me with your paypal email
address so i can make the
payment. Also send me some pics so
i can send to my fiancee.and also give me your number so ii can text you

Not sure how he could rob me via PayPal. But it's fishy. The CL ad had two pictures of it.