It is not recommended for a few reasons. The sharp edges inside the ducts can damage the wiring over time due to vibrations or expansion and contraction due to temperature changes. In addition, there maybe signal interference due to static charges building up from the air flow.
In addition, it may also be in violation of local, state, or federal building codes. And keep in mind, for safety concerns, it is generally required that the wiring is plenum rated when run inside of a HVAC system.