Got an old bike that has this piece in between the crankset and the frame. It’s very loose and keeps rolling around and getting in the way of the chain when I pedal. How can I remove it or make it stay fixed in one place?
Confirm that this is a chainguard holder. I am not sure if it's supposed to turn around like that, because with the chainguard present it wouldn't, so maybe it's by (shitty) design.
Anyway, it is safe to remove if you don't want to install a guard now