Abstract: Disclosed is an apparatus and method for retaining and securing such physical objects to a person participating in athletic activities and the like. The apparatus for retaining a key having a head portion and a shank portion coupled to the head portion includes a body having a wall defining a cavity including a length dimension and a width dimension greater than a proximate length dimension and width dimension of the shank portion when in a storage mode; and a key coupler for operatively retaining the key relative to the cavity in at least two modes, the key moveably proximated to the body to define the storage mode wherein the shank portion is retained within the cavity and an operational mode in which the shank portion extends beyond the body.