Tried google and got the answer http://lists.ovirt.org/pipermail/users/2013-March/013576.html


On Wed, Feb 19, 2014 at 11:52 AM, Tejesh M <tejeshmk@gmail.com> wrote:
Hi All,

I'm not able to Delete Template, if the VM is exists which is deployed from that Template. How can i delete Template leaving the VM as is?

Thanks & Regards,
Tejesh



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Thanks & Regards
Tejesh