I read it for a draw (almost a tell) and tend to (re)raise 3/4 - full pot and take it down. If it turns out someone was trying to trap me then fair enough and i fold to the reraise or check/fold to the call without a reasonable draw of my own.
Im happy to fold after my (reraising) play fails so im perfectly happy with people trying this and giving me extra chips before telling me they are hovering over the fold button.

Edit: this is where player notes come in handy. My default play is to reraise with any kind of hand (including gutshot draws) and this has proved profitable but if a player shows a strong hand after this play it WILL go in my notes.