Desperate for help. The collet will not budge. The bit has been in there for a long time. I managed to turn the bit back and forth with pliers but I can't pull it up at all. I have the spindle locked so it doesn't move but the collet won't budge. I've "tapped" on it and oiled it but no progress. I looked all over the internet but nothing suggested has helped. The info is all for hand held routers. I can't tell if taking the whole thing apart will help or if it will still be stuck but in pieces. I really need to use this thing now. Any help will be greatly appreciated. JED1000