Abstract: A drilling and chipping tool (1) has a holder (3) detachably connectable on a neck (2) on the tool (1) and the holder (3) includes a cap (4) arranged to fit over the neck (2). The tool (1) has a long direction and the cap (4) has teeth (5, 5a) on an interior surface detachably engageable with teeth (2a) on an exterior surface of the neck (2). A part (5a) of the interior teeth (5, 5a) on the cap (4) is offsettable relative to the remaining teeth (5) on the cap (4) and is engageable into at least one recess (2b) in the region of the teeth (2a) on the neck, whereby a tolerance free connection is established between the holder (3) and the neck (2) of the tool (1). The holder (3) can be attached and detached from the neck (2) without the use of any other tools.