I highly recommend heating it up first using a small propane torch or a heat gun if you have one. I prefer a torch. Watch for smoke then you know the thread locker is cooked. It should come off pretty easy then. Even if there is no thread locker ... it won't ever hurt to use the torch first. I suspect more people gall up the surface with repeated attempts to remove it before using the torch and getting it off in a single attempt.
The torch will NOT harm the coating or the parts.
When reinstalling the handguard, use blue thread locker on both the handguard and the nut. I wouldn't get carried away with tightening the knurled lock nut.