  The full metric describing a charged, magnetized generalization of the
Tomimatsu-Sato (TS) $\delta=2$ solution is presented in a concise explicit
form. We use it to investigate some physical properties of the solution; in
particular, we point out the existence of naked ring singularities in the
hyperextreme TS metrics, the fact previously overlooked by the researchers, and
we also demonstrate that the ring singularities can be eliminated by
sufficiently strong magnetic fields in the subextreme case, while in the
hyperextreme case the magnetic field can move singularities to the equatorial
plane.
