Another work around.
declare @foreignkey sysname
declare @referencingtable sysname
declare @cmd sysname
DECLARE fkey_cursor CURSOR FOR SELECT object_name(constid), object_name(fkeyid) from sysreferences
OPEN fkey_cursor
FETCH NEXT FROM fkey_cursor INTO @foreignkey, @referencingtable
WHILE @@FETCH_STATUS = 0
BEGIN
select @cmd = 'alter table ' + @referencingtable + ' drop constraint ' + @foreignkey
print @cmd
exec (@cmd)
FETCH NEXT FROM fkey_cursor INTO @foreignkey, @referencingtable
END
CLOSE fkey_cursor
DEALLOCATE fkey_cursor
GO