If you're looking for a spindle lock, there isn't one. Unplug, remove the motor from the base and lay it on the bench on its side. You should have two wrenches. Use one wrench on the inner nut just under the collet, the other wrench on the outer nut of the collet. The bench will help stop the wrench on the inner nut as you turn the outer nut counterclockwise.
I would suggest going to Dewaltservicenet.com and typing in your model number for an owners manual for this tool. If you still need more help let me know and I will try.
'remove the collet' not sure on your question. but the collet is the part that holds the cutter and sits in the collet assembly. the collet is held in to the nut with a spring clip, if you remove the spring clip the collet comes out.
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