A gravity actuated locking device for a container having a hinged lid, comprises a base unit adapted to be fixed to the container and a pivoting unit pivotally mounted to the base unit. The pivoting unit includes a locking mechanism mounted therein for rotation about the base unit. In turn, the locking mechanism comprises a circular rolling member that translates from a blocking position preventing relative movement between the pivoting unit and the base unit to a release position permitting relative movement between the pivoting unit and the base unit.