Consider if you need the option of being able to move the body from the centre to close to one end of the tommy-bar, as sometimes used in small socket-sets. It also allows the bar to be slid back and forth as necessary to clear some obstruction in use.
For this, turn a shallow semicircular-section groove in the tommy-bar at both setting locations, for a grub-screw to run into.
The obvious draw-back is that in plain form, it is easy to lose the tommy-bar!
If the bar is to stay in the centre, you could use a small roll-pin to retain it. It will be visible end-on but no more noticeably than a grub-screw, and acceptable or not by taste.
The pin or grub-screw is of course, drilled axially in the body, not radially.