HELP! An engraver bit is stuck in my dremel!

I just got a dremel on Monday. I've been testing it out with the different bits I got with it.

I just used the No. 107 engraver bit to practice engraving on some scrap wood. I used the right collet (3/32) and didn't tighten it too hard. I have a dremel 4000. I wanted to use the multipurpose cutter bit so I unscrewed the the collet nut and expected to be able to slip the bit out, but I couldn't . I couldn't even get it out with pliers. PLEASE HELP ME! 

Comments

[Re-design]

Try pushing it in. They way they work is by jamming the jaws against a tapered ring. Sometimes the jaws get stuck and pulling just keeps them stuck. Pushing breaks the friction and the bit comes out.

I have a router that does this every time.

[Cobalt59]

Thank You! This helps alot. I managed to get it out.

[katala]

In the future never push the bits in all the way to the bottom of the collet before tightening, so you have room to push the bit down, in case other bits gets stuck again.