Chris Hoy cliamed Britain's third track cycling gold after winning men's keirin event at the Beijing Olympic Games in Lao Shan Velodrome on Saturday.
Holy won the gold from the derny, a small motorbike, as he dashed out to take his leading position before a final sprint in the last lap.
Leading the World Cup standings, the 31-year-old keirin expert went into the first and final round with clear margins above his challengers.
Holy's compatriot Ross Edgar took the silver and Japan's Kiyofumi Nagai got the bronze.
Australia's Shane Kelly just failed to medal, finishing fourth in his last Olympic event.
Germany's Carsten Bergemann was fifth and Frenchman Arnaud Tournant placed sixth.
Bradley Wiggins took the second gold for Britain after beating Hayden Roulston of New Zealand in the men's individual pursuit.
Team Britain took a sweet revenge on France after beating their arch rival to win their first gold by snatching the title of the men's team sprint on Friday.
(Xinhua News Agency August 16, 2008)