I just gave it a whirl and my answer is a firm "very sort of".
Two holes on one side of the sheath fit nicely and the top hole on the other side is pretty damned close. The bottom hole on that side is a no go.
If I were gungho on the idea, I could get it to work with a little rigging, but I don't want to alter my stuff seeing that I don't plan to carry it this way.
If three screws is secure enough for you and your even the slightest bit handy, you could make it work.