Jewellery having its charms? (8)

I believe the answer is:

bracelet

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'jewellery' is the definition.
(bracelet is a kind of jewellery)

I cannot understand how the rest of the clue works.

(Other definitions for bracelet that I've seen before include "Rebel cat (anag.)" , "Arm band" , "Might Bel react to the piece of jewellery?" , "Item of jewellery on wrist" , "Jewellery -- clear bet (anag)" .)

I've seen this clue in The Sun.

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