The present area of technology provides a device that may releasably hold an elongated cylindrical object such as a walking cane, a crutch, or a pole in a fixed position. The device is removably attached to the walking cane itself by a pair of elongated straps and provides positive clamping means to hold the cane against a stationary structure. The device has a handle that opens the clamp, which is inserted onto a planar structure to firmly hold a walking cane in position. In one aspect of the technology, the device is suitable for use with walking canes of various diameters. The technology also provides a coating to aid in the retention of the walking cane and to prevent slippage of the walking cane while the cane is disposed through a cylindrical portion of the cane holder.