I just had a look at my drill press circa 1995 or so. Mine disent even have nuts mate. Mine has 3 pulley stacks for gearing. The main one on top of the chuck looks like it might have a keyway but the other 2 look like they are on a taper. The main Chuck is likely just a Taper up into the drill head too. They fall out occasionally. Pain in the ass when they do. Give it a tap to get the taper to bite.