A lockable knife and block assembly having a knife block having a plurality of slots for housing a plurality of knife blades. Each knife blade is provided with a notch for engaging a spring-loaded locking and latching means located at the top and front of each slot. A spring-loaded biasing means is positioned at the bottom and front of each slot to bias a blade entering a respective slot toward the spring loaded latching means. A push button release mechanism is attached to each locking and latching means for disengaging a knife blade latched thereto.
