This rare kanji has no clear standalone meaning. Treat its meaning as uncertain.
The exact historical development of 覉 is uncertain. It appears to combine 覀 (a variant of 西) with a complex lower component, but the original semantic and phonetic roles are unclear.
The top 覀 looks like a cover or west, and the bottom 䩭 is a rare shape. Picture a traveler's bundle tied with a rope, suggesting something related to travel or binding, but the exact meaning is unclear.
For キ, imagine a key tied to a traveler's bundle: key -> キ, and the bundle represents the kanji's uncertain travel-related sense.