Why not just String substr = word.substring(word.length() - 3)?
Update
Please make sure you check that the String is at least 3 characters long before calling substring():
if (word.length() == 3) {
return word;
} else if (word.length() > 3) {
return word.substring(word.length() - 3);
} else {
// whatever is appropriate in this case
throw new IllegalArgumentException("word has fewer than 3 characters!");
}