diff --git a/neutronclient/neutron/v2_0/qos/policy.py b/neutronclient/neutron/v2_0/qos/policy.py
index 047888aa8..53805284b 100644
--- a/neutronclient/neutron/v2_0/qos/policy.py
+++ b/neutronclient/neutron/v2_0/qos/policy.py
@@ -126,11 +126,17 @@ class UpdateQoSPolicy(neutronv20.UpdateCommand):
         parser.add_argument(
             '--description',
             help=_('Description of the QoS policy.'))
-        parser.add_argument(
+        shared_group = parser.add_mutually_exclusive_group()
+        shared_group.add_argument(
             '--shared',
             action='store_true',
             help=_('Accessible by other tenants. '
                    'Set shared to True (default is False).'))
+        shared_group.add_argument(
+            '--no-shared',
+            action='store_true',
+            help=_('Not accessible by other tenants. '
+                   'Set shared to False.'))
 
     def args2body(self, parsed_args):
         body = {}
@@ -139,7 +145,10 @@ class UpdateQoSPolicy(neutronv20.UpdateCommand):
         if parsed_args.description:
             body['description'] = parsed_args.description
         if parsed_args.shared:
-            body['shared'] = parsed_args.shared
+            body['shared'] = True
+        if parsed_args.no_shared:
+            body['shared'] = False
+
         return {self.resource: body}
 
 
diff --git a/neutronclient/tests/unit/qos/test_cli20_policy.py b/neutronclient/tests/unit/qos/test_cli20_policy.py
index ab6cb8fbe..b1db866e4 100644
--- a/neutronclient/tests/unit/qos/test_cli20_policy.py
+++ b/neutronclient/tests/unit/qos/test_cli20_policy.py
@@ -104,6 +104,36 @@ class CLITestV20QoSPolicyJSON(test_cli20.CLITestV20Base):
                                    {'description': 'newdesc', },
                                    cmd_resource=self.cmd_res)
 
+    def test_update_policy_to_shared(self):
+        # policy-update myid --shared
+        cmd = policy.UpdateQoSPolicy(test_cli20.MyApp(sys.stdout),
+                                     None)
+        self._test_update_resource(self.res, cmd, 'myid',
+                                   ['myid', '--shared'],
+                                   {'shared': True, },
+                                   cmd_resource=self.cmd_res)
+
+    def test_update_policy_to_no_shared(self):
+        # policy-update myid --no-shared
+        cmd = policy.UpdateQoSPolicy(test_cli20.MyApp(sys.stdout),
+                                     None)
+        self._test_update_resource(self.res, cmd, 'myid',
+                                   ['myid', '--no-shared'],
+                                   {'shared': False, },
+                                   cmd_resource=self.cmd_res)
+
+    def test_update_policy_to_shared_no_shared_together(self):
+        # policy-update myid --shared --no-shared
+        cmd = policy.UpdateQoSPolicy(test_cli20.MyApp(sys.stdout),
+                                     None)
+        self.assertRaises(
+            SystemExit,
+            self._test_update_resource,
+            self.res, cmd, 'myid',
+            ['myid', '--shared', '--no-shared'], {},
+            cmd_resource=self.cmd_res
+        )
+
     def test_list_policies(self):
         # qos-policy-list.
         cmd = policy.ListQoSPolicy(test_cli20.MyApp(sys.stdout),
diff --git a/releasenotes/notes/add-no-shared-option-to-qos-policy-update-56ac41fb3af7e309.yaml b/releasenotes/notes/add-no-shared-option-to-qos-policy-update-56ac41fb3af7e309.yaml
new file mode 100644
index 000000000..0c34f5eeb
--- /dev/null
+++ b/releasenotes/notes/add-no-shared-option-to-qos-policy-update-56ac41fb3af7e309.yaml
@@ -0,0 +1,6 @@
+---
+fixes:
+  - |
+    CLI support to set QoS policy as not shared if it was shared before.
+    The ``qos-policy-update`` command include a ``--no-shared`` option.
+    Closes `bug 1590942 <https://bugs.launchpad.net/python-neutronclient/+bug/1590942>`_.