How do I remove the drill bit from my Skil 2410 Lithium drill? It is stuck!?

Question

I bought this little gadget from Costco and used it with one bit and now I can't remove it for love or money. It has a quick release chuck sleeve that is supposed to just let it slide out when you pull it. I've pulled and pulled and I can't get it out. Manual doesn't help and I really don't want to have to return it.

Answer 1

Just return it anyway. Costco will take it back.  

Answer 2

I assume the problem is in the accessory.

The device should have a collar that should be pulled down toward the chuck. This should allow removal of the bit from the device, unless you have debris in it.