A brake mechanism for mobile currency vaults includes a braking gear coupled to a vault wheel to govern rotational movement of the wheel. An interference tab is biased to an interference fit between the gear's teeth to stop rotation of the wheel. Disengaging the gear is controlled near the handles of the vault, which also provide steering control, so that users must actively disengage the interference tab to allow the wheel to rotate. The brake mechanism also has a brake release for locking in a disengaged or engaged position. The brake release spans the mobile currency vault from a front wheel to a rear handle. The brake release also has a control, preferably at a rear end of the vault, requiring activation by a key and an indicator pusher.