The device of the present invention is a locking quick release device for allowing quick and easy release and adjustment to a bicycle seat and/or bicycle wheels, while still allowing the seat and/or wheels to lock to the bike frame when the quick release lever is in the closed position. The device includes a standard plug lock combined with the lever of the quick release device. In the closed position, the lock can be engaged with a key, securely locking the lever closed and the seat and/or the wheels to the bicycle frame.