The increased usage of smart wearables in various applications, specifically in health-care, emphasizes the need for secure communication to transmit sensitive health-data. In a practical scenario, where multiple devices are carried by a person, a common secret key is essential for secure group communication. Group key generation and sharing among wearables have received very little attention in the literature due to the underlying challenges: 1) difficulty in obtaining a good source of randomness to generate strong cryptographic keys, and 2) finding a common feature among all the devices to share the key. In this paper, we present a novel solution to generate and distribute group secret keys by exploiting on-board accelerometer sensor and the unique walking style of the user, i.e., gait. We propose a method to identify the suitable samples of accelerometer data during all routine activities of a subject to generate the keys with high entropy. In our scheme, the smartphone placed on waist employs fuzzy vault, a cryptographic construct, and utilizes the acceleration due to gait, a common characteristic extracted on all wearable devices to share the secret key. We implement our solution on commercially available off-the-shelf smart wearables, measure the system performance, and conduct experiments with multiple subjects. Our results demonstrate that the proposed solution has a bit rate of 750 b/s, low system overhead, distributes the key securely and quickly to all legitimate devices, and is suitable for practical applications.