(I'm New) Using a padlock with the PA Piercing for My Wife

Hello, My wife spotted me in bed with another woman, yet I love her and she loves me back. Consequently, she “switched” my PA jewelry for a small padlock (the full story is longer, but this is the short version). When I’m at home, she removes it, and each morning before leaving, she locks it again. My questions, Can this really stop me from having intercourse with other women? Is there any risk of damaging my penis? Should I consider getting another device? to everyone for answering!