In a ring-type tensioner, an expansible elastic ring disposed in a groove formed in the wall of a plunger-accommodating hole cooperates with teeth formed on the plunger to restrict axial movement of the plunger. The ring and the groove in the wall of the plunger-accommodating hole have flat radial surfaces for mutual engagement. However the ring also has oblique plunger-tooth engaging surfaces. The ring has manipulable end parts that can be locked in fixed relation to each other by a tool to secure the plunger against axial movement. The tool can also be inserted into a gap between the manipulable end parts to expand the ring and thereby release the plunger.