Wow, never underestimate the creativity of the American football coach.
You might want to take a look at NFHS 4-2-2-a-exception #1. Keep in mind this EXCEPTION is to the rule which states, "The ball becomes DEAD and the down is ended; (a) When a runner goes OOB, is held so his forward progress is stopped, or allows any part of his person other than hand ot foot to touch the ground
The EXCEPTION allows; (1) the ball remains alive if, at the snap,a place-kick holder with his knee(s) on the ground and with a teammate in kicking position catches or recovers the snap while his knee is on the ground and places the ball for a kick, or if he rises to advance, kick or pass...
The exception does not authorize the ball remaining ALIVE for the holder to displace the kicking tee as you describe, so it seems reasonable to conclude the exception would NOT apply, rendering the ball DEAD, and the play ended.