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The answer is yes, Nominet allow members to apply for additional tags - most folk involved with dropcatching have found ways to get them under the same membership. Nominet have now however applied a 'traffic warden' type approach to members asking for additional tags and looking for reasons to...
Just cancel the name in your Nominet account. The current registrar will be powerless to do anything, Nominet actions override everything else - the name will then go into an accelerated 5 day cancellation process which cannot be stopped.
I think if you do a little research on sales of half decent SEO names from mid Dec 24 onwards you will see they are ending up either as rebuild of the original site or a particular flavour of gambling site. At the moment I am net seller of my SEO names as like everyone else - have been suprised...