Hello All,
I attempted to split the NSS to pull it off the shaft, but was unable to do so. What I ended up doing was sanding down the shaft to a point where I was able to pull the old NSS off and put the new one on. To be honest I was surprised this worked, but it did and the new NSS is working fine.
I put the old nut back on the shaft and tightened it up well and noticed that it must have helped replace/redefine some of the grooves as it was secure but still easier to work off than what it was the first time I put it on.
I attempted to use a tap and die set to straighten out the shaft by redefining the grooves; however, this did not work as the shaft is more oval shaped than it is a circle and the tap and die set would not fit correctly (the true size was in between the molds that this kit contained).
Regardless I thank you all for your help and advice. I will keep it in mind in the future should I ever run into this issue again; although, I hope that I never do.
Cheers!