Abstract: A knife locking system is disclosed herein comprising a housing containing a plurality of cavities, a plurality of lockable cases, and a plurality of pivoting means. The lockable case and pivoting means are coupled together and are located within the cavity of housing for lockably storing a knife or set of knives. The pivoting means comprises a compressible spring, a pin, and extensions. The pivoting means and compressible spring work simultaneously when a knife is inserted or withdrawn from the lockable sheath. The lockable case further comprises a peg and extensions. The peg restricts the sheath from moving while in the locked position. The extensions work with the pivoting means and permit the lockable case to pivot through an angle less than about 45 degrees. The lockable sheath(s) are capable of being positioned within the enclosure in a diagonal or parallel relation to one another or in various combinations of diagonal and parallel orientations.