The invention discloses a shield with-water receiving tunnel hole temporary sealing device, which comprises a plurality of bases, a spring steel plate beam and a plurality of press plates, wherein the bases are uniformly distributed on the circumference of an embedded steel ring; the spring steel plate beam comprises one or a plurality of spring steel plate layers; a plurality of spring steel plates form an annular structure; the length of each spring steel plate is smaller than the radius of the embedded steel ring; the press plates are uniformly distributed on the spring steel plate beam and are in opposite arrangement to the plurality of bases; and one end of each press plate is bent at a certain radian in a direction towards a receiving well. The invention also discloses a shield with-water receiving tunnel hole temporary sealing method. The temporary sealing device achieves the goal of blocking the stratum water and soil loss through tightly attaching the spring steel plates onto the shield outer wall and the duct piece outer wall by the self rebounding force. The temporary sealing method solves the problem of tunnel hole sealing implementation difficulty under the with-water receiving condition, and has the advantages that the operation is simple; the labor is reduced; and the efficiency is improved, so that a good tunnel hole temporary sealing effect is achieved.