Yes you can do this.
You can remove tollbars or each individual items in the tool bar. the code below removes print button from toolbar
FreeTextBoxControls.Support.
ToolbarCollection coll = this.FreeTextBox1.Toolbars;
for (int i = 0; i < coll.Count; i++)
{
FreeTextBoxControls.Support.ToolbarItemCollection itcol = coll[i].Items;
for (int items = 0; items < itcol.Count; items++)
{
//each indivudal item has unique title
if (itcol[items].Title.Equals("Print"))
{
itcol.Remove(itcol[items]);
or
FreeTextBoxControls.Print it = (FreeTextBoxControls.Support.Print)itcol[items];
itcol.Remove(it);
}
}
}