Patent ID: 7370498

Claim:
A dual-mode padlock comprising a housing having a holding bracket being mounted slidably in housing and having a top protruding from the housing; an outer surface; multiple engaging notches being formed in the outer surface of the holding bracket and adjacent to each other; a mounting groove being formed longitudinally in the housing and having a top opening; a bottom; an inner surface; and a latching channel being formed through the inner surface of the mounting groove selectively aligning with one of the engaging notches; and a latching element being movably arranged in the latching channel and selectively engaging with one of the engaging notches of the holding bracket; a latch being mounted movably in the housing and having a latching recess selectively aligning with the latching channel to engage with and be retained by the latching element; and a cylinder mechanism having a cylinder being mounted rotatably in the holding bracket and having an outer surface; and an actuating bar extending out from the outer surface of the cylinder and having a distal end corresponding to the latching channel; and a combination assembly having a pintle being movably mounted longitudinally in the housing and abutting the holding bracket; and multiple wheel assemblies being mounted rotatably around the pintle respectively in the housing and being able to be rotated to determined positions where allowing the pintle and the holding bracket to move downward whereby the latching element engages with one of the engaging notches.