I think the nut will just loosen, using that method, if the pto is on there tight , I would not use rope, might push crank out of alignment, considering it is just pressed together.
I just did this job , last week, it is not fun, get board to lay on.
I might try the rope, but if it is on there tight I would stop, most all the PTO s I have taken off, I used an acetylene torch to heat, but do not do that unless it is going to be rebuilt.
Those things get STUCK on, 3 foot pipe to breaker bar, with BRP tool holding flywheel.