My answer to your question is; "Yes", it can be done,,, but,,, DON'T DO IT!!! If you have spun a bearing, then you have had a major failure, and that bearing material is now scattered throughout the motor. I've done band-aid repair jobs like this many years ago, and would never recommend it to anyone now, per my own learning curve.
If you care about your car, and its performance, then you should be willing to repair it in the proper fashion! You can do a temp fix on it, but you will inevitably trash the whole motor, as the rest of that scattered bearing debris digs itself into all your other bearing surfaces. If you cannot afford to pull the motor and have it freshened, then I would simply suggest parking it until you can. At the very least, you'll need all new bearings, rings, and all the other usual stuff. You can re-use your pistons, etc, as long as the block cleans up with a minor honing.
Others may argue this point, but, any professional/performance engine builder will tell you that you are doomed for disaster by attempting the method you suggest.
Just my opinion, (and the pros I've worked with over the years), so take it for what it's worth...
