What model of machine is this? ....an older one that you got used?
If it is new as you imply above, then call JT and prepare to have it fixed under warranty.
Have you modified the machine in any way prior to this "burnout"? Abnormal speed increases or such?
Otherwise,
You my actually need to find a good "press" to separate the parts with some heat applied to the proper parts(castings or races) to expand the frozen parts enough to release.
This site:
http://www.the-alchemist.com/ may have some hints on how to get it apart.
Or this site:
http://members.cox.net/tangoromeo/index.shtml --which may be a little more in-depth.
see page 4: If you got this far ...He says:
"This page marks the beginning of my unorthodox approach to bearing/spindle removal. I developed this sequence solely for those of you that may be lacking in resources to press bearings on and off or don't wish to bash your spindle repeatedly with a hammer ... hard. Please note that although my attempt was successful, there is some risk involved in this procedure in terms of damaging part of your machine. For a more traditional method, please go (coming Feb. 2), contact the manufacturer for assistance, or take the spindle/sleeve assembly to a qualified machine shop to have the bearings pressed on and off for you. Unless they are jerks, they should do it for a few bucks. "
Good luck!