I wouldnt grip the end of the threaded shaft with mole grips, think micklundy might of got lucky. You will just totally knacker the threads and the nut wont be coming off or the nut will just pick up on the damage threads caused by the mole grips and be nightmare to get off. What I would do, is cut the threaded shaft of to the top of the nut close as you can get it, then cut straight down the middle of the threaded shaft and nut and this will then split the nut. Just give it a crack with a hammer and chisel after and the nut should come away in half, or if you fell confident cut straight through like discribed before.
First though carry out a few cuts on some old pieces with the grinder to build confidence and feel how the grinder reacts, what ever you do, dont grind with a cutting disc, it will shatter. Look at the job, assess the safest option, then just take your time, before you know it will be done, please wear safety glasses. Bloody hell feel like a school teacher lol. Safety always comes first, accidents only happen with the 3ps are carried out,piss, poor, preperation. That was always drilled in to me when I was learning, safety first, definatly with grinders.