This is a Versacarry Holster known as the Protector S3, model 52311.
The Protector S3 holster is the advanced version of the Rapid Slide S3. This ultimate holster is literally the last you will ever need. Not only will it adjust to fit virtually any handgun available" you can also adjust the draw tension. Adding to the holster's versatility" it can be worn inside or outside the waistband" and has the added consideration of a raised leather backing to protect from sharp edges and sweat while you carry.
Features:
Brown Water Buffalo Leather
Adjustable
Tuckable, Inside and Outside Waistband