US Patent 7594455 Fastener removing tool

A fastener removing tool is provided. The fastener removing tool includes an extractor portion having an inside surface adapted to grip a fastener. The extractor portion further defines an outside surface with a cutting edge is adapted to cut a bore when the tool grips and removes a fastener. The fastener removing tool further includes a main body fixed relative to the extractor portion. The main body is adapted to engage with a driving tool for powering rotation of the fastener removing tool. The fastener removing tool also includes a cutter portion fixed relative to the main body opposite the extractor portion. The cutter portion includes a plurality of cutting members defining a plug forming space therebetween. A formed plug is to be placed into the bore formed during extraction of the fastener.