No, you would need to clear the cache on your hard drive. I HIGHLY recommend you look up what this entails before doing it however.
Also, LV 233 forgot to mention that you need to beat the level first and then re-play it in Story Mode before grabbing a few studs and exiting will get the cheevo to pop.
But keep in mind this method does not work at all unless you didn't let the game update or you clear your cache.
I found it purely by accident on release day and posted it to TA solutions. Traveler's Tales has since patched it so people have commented their on way to get around the patch.