I don't think so, I think that you would need to blast it with a very hard abrasive as a prep then just paint over it. I duracoted my rifle and I wouldn't want to try to remove that, ceracote is way harder.
Keep in mind the animals we shoot for food and display are not bullet proof. Contrary to popular belief, they bleed and die just like they did a hundred years ago. Being competent with a given rifle is far more important than impressive ballistics and poor shootability. High velocity misses never put a steak in the freezer.