Abstract: A merchandise security device is adapted to hold an item of merchandise to a merchandise display device to enable the merchandise to be displayed and provide an impediment to prevent the ring from being removed from the display device. The security device is adapted to freely rotate in a hole in the display device such that twisting the merchandise causes rotation of the merchandise without tearing it from the display device packaging. The security device can include two holes to allow the merchandise to be strapped or tied to the security device The security device can include a post on one of its surfaces that supports the fastening strap away from security device so a cutting device can be positioned to cut the merchandise free after purchase.