A U-shaped clip for use in a driveline shield system having a cap disposed to releasably engage a bearing mounted adjacent a drive shaft. The cap supports a tubular guard or shield in a coaxial position relative to the drive shaft. One or more lugs on the bearing are disposed to seat in corresponding slots formed in the cap. When the lugs are seated in the slots, rotation of the cap relative to the bearing causes the bearing and the cap to engage one another. The U-shaped clip is pivotally mounted to the cap and rotatable between a first position in which the clip extends into the slot and secures the lugs in engagement with the cap and a second release position in which the clip is retracted from the slot, thereby permitting relative rotation between the cap and bearing.