Anything related to using an altered frequency to achieve braking involves having a Variable Frequency Drive on the motor. Once you have that, then Dynamic Braking becomes simple. All VFDs are capable of Dynamic Braking, but some need an external module added that provides the DC Bus sensors and DC chopper transistor to fire off excess load energy into braking resistors. To properly apply it, you must also get a sense of how long you will need to brake or how fast you need to stop the motor, and how often you need to do it.
If your plan is to brake continuously, as in speed control on a down hill conveyor or something, then Dynamic Braking may not be the best choice, in that case, I would look into using a more expensive vFD that is capable of Line Regenerative Braking. Line Regen Braking puts the energy from the moving load back onto the line source (energy recovery), which can be done continuously without regard to duty cycle as long as you don't exceed the current rating of the motor.
"Will work for (the memory of) salami"