Abstract: A martial arts training device is especially suited for attachment to an overhead support framework and includes a training article such as a foam-filled punching bag mounted on an axially extending arm that is pivotally mounted by a mounting assembly to the overhead structure. The bag and arm may thus be raised and lowered between a lowered, vertical use position within the room space and a raised overhead, horizontal storage position in which they leave the space unobstructed for carrying out various activities without interference from the training devices. The mounting assembly includes a releasable latch operable by a person standing on the floor to lock the bag in either its raised or lowered position, this permitting quick and easy placement of the bag in either of its alternative positions.