The weld will need removed. An end mill cutter is the best option. A std twist bit will work also.
Center punch the weld, drill slightly oversized. Once you have drilled to depth, fixture in a vise. Using a wrench, rotate the MD slightly back/forth with the pin at the 6 o clock position while tapping the MD with a hammer. The pin should drop free.
It can also be done with a cut off wheel, but it can be messy.