There's a federal safety standard for emergency brakes and how much distance they can use to decellerate from speed (forget how fast, 50 mph or so.) So, mechanically, it will work, at least once. I wouldn't do it with 4 wheel discs with "top hat" tiny drums though as those little shoes would wear down quickly.
Moonshiners used to install under-dash toggle switches to disable ALL rear lighting... so they could lose the revenuers on twisty mountain roads and/or slam on the brakes for a side street without being detected.
Electrically, the e-brake has a switch for the dash indicator light (and sometimes FRONT daytime running headlights) but won't cut out the service (pedal) brake lights.
If a cop is following you, and using his certified speedometer to pace you, he may have rules to follow, eg, must stick to you for 1/10 mile. Can't hurt to inconspicuously slow down. He may not be running radar and might not even be assigned to highway speed patrol... so may not be rabidly searching for speeders. This gives you a window to inconspicously mesh with lawful speed limits.