If you're being chased by a pk'er/monster/pk hunter and you're certain you'll die, do this:
While running from whoever/whatever is chasing you, take off your gear and set up a sell shop (WHILE RUNNING) and sell your items for higher than natural prices. (Try to avoid selling too high, as the overpriced box might appear and slow down your shop setup). Sit down as fast as you can once you are done setting up shop. I suggest putting breastplate/shirt, gaiters/stockings, and your weapon into the shop.
Now when/if you die, you won't drop anything that's located in the sell window. (Even if you're chaotic. It still counts!) Hope this helps some of the other players out there.

This doesn't affect the fact that you will lose experience (and karma if you're chaotic), but does help with items.
Good luck!

ai incercat tu asta si ti`a mers ?

da...ca si cum le muta in shop...^^