No, you need to pull on the screwed in bolt. The only way it would self extract is if the pin is threaded all the way through, your picture shows it isn't. Better to use spacing washers etc, with a draw bolt or draw nut on a stud. Pull it with a slide hammer or similar if you have one. With the casting warm it should come out easily, wear ridges may impair movement so proceed with care.
Swarfy.