Abstract: An exercise wheel having a central shaft with counter locking handles is described. The device is adapted to enable rapid assembly and disassembly of the exercise wheel for and compactness. The device takes up the least amount of space as possible to carry on a person or in a small container, such as a gym bag, brief case, and the like. To this effect, the device contemplates at least one wheel mounted on an elongated, rigid, shaft adapted to extend through a central opening in the wheel to allow the wheel to rotate on the shaft. The shaft is adapted to receive a removable handle at each opposite ends of the shaft. The handles are configured to engage the shaft and lock in place while permitting the wheel to rotate on the shaft.