I have two pieces set of precision hand drill. One of them had the drill bit became loose and detached, which makes it no longer usable.
Product information (copy of text in English found on the packaging, which may be subject to translation errors by the manufacturer):
2 pcs. set: 1.0 mm, 1.5 mm (approx. 0.04/0.06 in.)
Usage: For drilling of handicraft, plastic model, hand works
Materials: High speed steel, Iron
The tool body has a hole with very small clearance, which makes it almost impossible to put any adhesive inside to secure the drill bit back in place (the adhesive glue will either resist the drill bit to be inserted again in place, or will cause most of them to ooze out). I also tried using some epoxy glue at outside surface that was sandpapered, but failed to withstand the hand-drilling force.
Is there anyway to secure the drill bit to the tool body; alternatively, if repairing as such is not possible, is there other way to secure the drill bit to something else for hand use (not machine)?
P.S.: The main question is "how to secure (repair)". Although, I am open to other lifehack solutions that may be possibly better than repairing this tool.
P.P.S.: The alternative method should restore the functionality of the precision hand drill, preferably at very low cost (a lifehack is required).
Update (13 Aug): Thanks for all the suggestions; although, the repair seemed to be more difficult than expected with each new answer. Meanwhile, I have figured out a low-cost lifehack and I think I can self-answer my own question soon.
Update (15 Aug): By using the same epoxy and the glue applying method suggested by the first answer, the drill bit apparently remain secured. But I am not confident with the adhesive; I happened to found another "free" drill bit of same size (1.5 mm) from my junk parts' box, so I worked on the alternative method.