Abstract: In an oilwell produced by a downhole pump operated by the reciprocation of a string of rods disposed within a string of tubing, a system connects an upper section of the string of rods to a plunger assembly. The system has an upper mechanism attached to the upper section of the string of rods, where the upper mechanism has a housing member having an internal bore section having an approximate inverted conical profile. The upper mechanism has a slip member which is configured to be received into the inverted conical profile. A lower mechanism attaches to the plunger assembly. The lower mechanism has an upward end comprising a pin which, upon engagement by the upper mechanism, is received into the slip member and firmly retained within the slip member. Once the pin is engaged within the slip member, the pin is retained within the slip member until it can be manually released.