Lock bolt collar removal tool

A cutting tool for cutting a member which is secured to and surrounds a bolt member, comprising:

• a housing;
• a first blade holder pivotably mounted to the housing relative to a pivot point;
• a first blade secured to the first blade holder such that the first blade is movable on an arc to a second position when the first blade holder pivots relative to the pivot point, the first blade includes a first cutting edge aligned with a first cutting plane, and the first cutting plane extends in a first direction from the first cutting edge;
• a second blade holder fixed to the housing;
• a second blade secured to the second blade holder, the second blade includes a second cutting edge aligned with a second cutting plane which second cutting plane extends in a second direction from the second cutting edge;
• a third blade holder fixed to the housing;
• a third blade secured to the third blade holder, the third blade including a third cutting edge aligned with a third cutting plane which third cutting plane extends in the second direction from the third cutting edge, and the second cutting plane and the third cutting plane are parallel to one another, wherein the first blade holder, the second blade holder and the third blade holder are associated with one another such that with the first blade holder, is movable relative to the second blade holder and the third blade holder, wherein:
• the second blade and the third blade are disposed in a fixed position relative to the second blade holder and the third blade holder, respectively;
• the first cutting edge is spaced apart from the second and third cutting edges;
• the second and third cutting edges are spaced apart from one another;
• the first cutting plane extends between the second and third cutting planes;
• with the first cutting edge, the second cutting edge and the third cutting edge in a first position the member, which surrounds the bolt member, is positionable between the first, second, and third cutting edges, wherein the first cutting plane aligns with a central longitudinal axis of the bolt member such that the central longitudinal axis of the bolt member extends within and along the first cutting plane;
• and
• wherein the first blade is movable to the second position relative to the fixed position of the second blade and the third blade, in which the first blade travels on the arc to the second position which causes the first cutting edge, the second cutting edge, and the third cutting edge to cut the member around the bolt member into three pieces, and the second cutting edge and the third cutting edge are angled relative to each other to move the pieces away from the bolt member when the first blade moves to the second position.

A method of cutting a member which is secured to and surrounds a bolt member, comprising the steps of:

• positioning the bolt member and the member which is secured to and surrounds the bolt member, between a first cutting edge of a first blade, a second cutting edge of a second blade, and a third cutting edge of a third blade, wherein the first blade, the second blade, and the third blade are in a first position such that the first cutting edge aligns with a first cutting plane, which aligns with a central longitudinal axis of the bolt member, wherein the central longitudinal axis of the bolt member is positioned within and along the first cutting plane, wherein:
• the second cutting edge aligns with a second cutting plane, which extends from the second cutting edge;
• the third cutting edge is aligned with a third cutting plane, which extends from the third cutting edge, and the second cutting plane and the third cutting plane are parallel to one another;
• and
• the first cutting plane extends between the second cutting plane and the third cutting plane;
• and
• moving the first blade relative to the second blade and the third blade which are stationary, wherein the first blade having the first cutting edge within the first cutting plane moves from the first position to a second position such that the first blade travels on an arc to the second position which causes the first cutting edge, the second cutting edge and the third cutting edge cut the member into three pieces, and the second cutting edge and the third cutting edge are angled relative to each other to move the pieces away from the bolt member when the first blade moves to the second position.