Abstract: A device for permanent mounting in the bed of a truck or the like. The device consists of a cable locking assembly having a retractable cable mounted in a chassis which may be affixed to the bed of a pickup truck or to a structure such as a utility box affixed to the bed of a truck. The chassis which houses the cable lock assembly has a front panel. The front panel provides access to both the free end of the cable, the cable's free end securing sleeve, a cable recoil controlling button and a cable lock. In practice, the chassis is mounted onto the bed of a truck or onto the accessible side of a utility box. A cargo having loop means thereon is placed in the bed of the truck. The free end of the cable is removed from the chassis and is passed through the loop means of the cargo and the free end of the cable, having been threaded through the loop means on the cargo, is returned to the holding sleeve in the chassis.