A novelty figurine and carabiner storage assembly is provided. The figurine comprises a head portion, a body portion located proximate to the head portion, and at least one carabiner attachment assembly extending from the body portion for selectively allowing the figurine to be attached to or removed from another item able to receive the attachment assembly. The carabiner attachment assembly comprises at least first and second leg assemblies, with one of the leg assemblies having a selectively openable gate assembly extending therealong. The body portion has at least one substantially hollow interior section and at least one selectively openable door assembly for access into the substantially hollow interior section.