Hi @Kingsley Eneh ,
Welcome to Microsoft Q&A Forum, thank you for posting your query here!
Yes, it is possible to move the resource even if there is a read-only lock on the Virtual Network. I tested this, and it worked successfully. Feel free to let me know if you encounter any challenges while attempting this.
Below is the artifact:-
let us know if you have any further queries. I’m happy to assist you further.
Please provide your valuable comments
Please do not forget to "Accept the answer” and “upvote it” wherever the information provided helps you, this can be beneficial to other community members.it would be greatly appreciated and helpful to others.