i'd give that ago, i remember when doing the transition from moses basket to cot you move the moses basket into the cot or into the room atleast, and that seems to work, so may work.
How would you feel about leaving it a few weeks? Does he nap during the day or anything? Maybe take the few weeks to get him use to lying in his bed, and napping, reading a story and then saying no more, do you have the books on a shelf in easy reach for him?