For this tutorial I'm using my "Door Handle" template which can be found in my stores.

The image is 300 DPI and the size is 428x989

If your image is different them mine you'll need to adjust the settings I have to suit your image.

First open the image you're working on.

Draw out yourbasic shape of your Keyhole (1)

Rename your Layer to Key Hole (2)

Make sure your Key Hole layer is active in the Layers Pallete (1)

Go to your Fill and lower this to 0 (2)

You'll notice that the Key Hole has disappeared (3).

We wanted this to happen. It will be back after the next couple steps.

Double click on your Key Hole layer to bring up the Blend Options.

Go to your Bevel & Emboss tab and use the settings I have.

Stye: Emboss

Technique: Smooth

Depth: 100

Direction: Down

Size: 5

Soften: 0

Shading:

Angle 120

Altitude 30

(Check Use Global Light)

Highlight Mode: Screen (Use a lighter color then the color of the image that the Keyhole is on top of)

Opacity: 75%

Shadow Mode: Multiply (I used black but you can use a shade that's darker then the image the keyhole is on top of)

Opacity: 75%

Now go to the Inner Glow Tab.

Change the Blend Mode to Multiply.

Put the Opacity at 75%

Leave the Noise at 0

Make sure that it says "Softer" for the Technique and "Outer" for the Source.

Put the size at 40.

I am using black for the color but you can use a shade that's darker then the image the keyhole will be on top of.

Now go to the Inner Shadow tab and use the settings I have.

Blend Mode: Multiply

Opacity: 75

Angle 120

(Check the Use Global Light)

Distance 14

(Do not use choke)

Size 16

Here is the final image.