Stuck Screw In Toolholder

In order

I'd heat it in case it was Loctited but I wouldn't quench it.
No advantage to making the screw brittle.

I'd spray with Kroil-Oil, or melt a real beeswax candle into the hole while it's still warm, but not glowing red hot.

Then give the screw a hundred little taps on the head, but don't damage the screw, try a punch that fits the bottom of the socket.


Then impact screwdriver it.

Then smash the insert and vise grip it off.
 
I'd soak it WD-40 first. Then put the tool in a vice and grab the torx tip with a pair of locking pliers (vice grips) and beat the tip into the screw with a hammer. Sometimes a standard (flat) tip just larger than the diameter of the torx will work as well.
 
Cut a slot with a hack saw and use a snug firing screw driver to loosen it.


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