Actually He Qinein already have some doubt that... why immortal fate want that treasure? But because it is related to the life of Yun Siya he still believe him and went their to get that treasure. But after old man give him the treasure he told him....
Master now you are the owner of this treasure it's totally on you that how you use it but I will still advice you to not let fall this treasure in the wrong hands, because their are many people who is after it, if it fall in the hands of evil them he can able to destroy the whole world with the help of that treasure....
After He Qinein left the dragon place he is thinking about old man world in the whole way.... So he already made duplicate treasure to test the immortal fate and as he thought, after he get the treasure his true colour come out....
But the thing because he is angery not because he cheated him or want that treasure but... he take Yun Siya life, he use her life to get that treasure. He will not let him go....