Can you disable a network activated plugin on one blog only?

I have a plugin installed that only allows you to activate it Network wide. Unfortunately the plugin is causing the permalinks on one of my blogs to break. I am getting a whole load of 404’s on the pages that have custom post types and custom taxonomy. I would really like to use the theme that is having trouble with the permalinks and would also like to keep the plugin for use on other blogs on the network.

Is there a way to disable a network activated plugin for one blog and keep it active on all the others?