Place the jaws in the chuck as you normally would.
Cut a 1/4-thick steel plate to the same thickness as the chuck with an endmill. Load the plate into the drill press and drill a hole at the center of the plate. Align the hole to match the diameter of the hole on the chuck.
Place a piece of cardboard at the three jaw holes. Mark the placement for each of the three jaw holes on the cardboard, creating a template for the steel plate.
Trim the cardboard to the size of the steel plate with your scissors. Place the cardboard on the steel plate and drill the holes in the plate.
File away excess burring caused by drilling. Slide the steel plate in place over the jaws.
Re-bore the jaws, with the steel plate in place as a guide, using the metal grinder. The jaws are now fixed or "true".