There is a screw down inside the chuck that you have to take out first and it is a left handed thread.  Then take the chuck off and it is a right handed thread.  
Just in case you need further instruction....take off the chuck and take a large single allen wrench and tighten the short end into the old chuck.  Then hit the other end with a hammer counter clockwise (right handed thread) to remove chuck.
Good luck!
                
 Don- www.toolsandmachinery.com
                
 January 2009