I never tried that but sometimes other chemicals can do similar so I suppose that very well could work, you could also try kerosene, laquer thinner, acetone or mineral spirits, none of which will damage the paint itself, results depend on the enamel that was used for the stripe and the integrity of the painted stripe itself, but the problem I find most times is even when the stripe is removed it can still show a shadow of the stripe so it usually needs to be at least polished afterwards anyway.