Well, here's the video.
At last, with my new camera, I was able to record the glitch I posted nearly 2 years ago. This glitch was discovered on July 6th, 2006 by me.
I discovered this glitch so please do not take credit for it.
Here I will list the steps on how to do this glitch.
P.S. You MUST have the Ice Arrows to do this glitch. This glitch may take several attempts to do.
1. Fight a Moblin (the enemy/ monster that has a Skull Necklace around it's neck).
2. Freeze him with a Ice Arrow.
3. Pick up the frozen enemy/monster.
4. Do not throw him UNTIL he thaws out of the ice. If you throw him while he's in the ice, it will shatter, killing him.
5. As soon as he thaws out of the ice, throw him then run up behind him and pick him up again.
If you have did it correctly, then you should be moving without moving the control stick, while carrying the monster at the same time as shown in the video
WARNING: Also if you manage to do this glitch, then DO NOT go up slopes because if you do, then you will drop the monster.