The Bondage Sex Monster
If I’m properly remembering the comic this comes from (one of the Hilda comics, by Kovacq) the three-penis monster is taking the girl away from a modern-day pirate, who had grabbed her on a yacht and put her in the bondage condition you see her in here:
Elsewhere on Bondage Blog:
Why, oh why does the monster wear glasses? That’s freaky
“The better to see you with, m’dear…”