Ok, So I'm hoping to remedy this before my boss comes back and gives me a bunch of crap about how much everything costs. I think I put a slightly too large drill bit in an ER-16 Collet. I believe the Largest you can do is .393 in ER-16 and I put in a Bit just under that, .391 I believe. Regardless of this I did some machining with this bit and I went to take it out. I unscrewed the cap and tried to pull the bit out but it wouldn't budge. I continued to unscrew to the point that the Cap and the collet disconnected. (Not Supposed to happen) Now I have the Cap off the Tool holder but the collet is still stuck in the tool holder with the Drill Bit. Is there any trick to remedy this? Old Fashioned Elbow Grease makes me think I'll damage the Collet or the Threads on the Tool Holder.
Please have a solution!!!