"Said to have belonged to a wealthy old man, he sealed his walking cane in a basement where no one will get to. Even Riddle couldn't find it to sell it. Eventually, a fox guard found a key to the hatch where it is but before he could steal it, Riddle hold him by the ear and insulted him for "sleeping on the job". Talk about bad luck."
The cane is located under a hatch behind a house near the Safehouse. The house is larger than the ones in town and is the only one with the lights on.