I purchased a quick release bit holder that allows standard bits to be used w/ the centrotec chuck. About a week later the adhesive holding the magnet inside failed. Called up customer service , no problem, they sent another one out to my local dealer and we sent the faulty one back. All good. Now ,its been 4 months and suddenly the quick release sleeve is completely loose and no longer holds a bit or even stays on the shaft itself. Any one else have similar problems? I would like to fix this but it is not apparent that any thing is broken. The tool was not dropped or mishandled, it seemed to just fall off suddenly while I was in the middle of driving some screws. Any help would be appreciated.