I found this on the web ....
Robert Pinkerton wrote
"John H. Higginbottom founded Tollyboy in 1956.
The story, told to me by Richard L. Davies, is that an Arab diplomat visited the proprietor of a sex shop in search of a duplicate, although sized differently, of a specimen chastity belt he had brought with him;
the Belt having been made in Germany before World War Two.
The sex shop proprietor knew an engineer, Mr. H., and the enterprise was born.
Mr. H told me many times before he died, that in the early years of Tollyboy,
his financial mainstay was the Arabs of the Gulf and Saudia. "