You can take an exacto knife or box cutter and just cut into the middle of the inlay then sorta pry up a little and the whole thing will just pop right out. Then @Gear can send you some new labels to apply that will fill the recess perfectly.
ASM/CPC chips are probably the easiest chips to relabel.
HMMM I have a new CPC Custom HHR set coming in April hopefully. The Blacks and Blues are intriguing to me and may allow me to add 2 new Denoms with the help of @Gear. Would anyone want the Whites, Greens, and Reds?