Paul: I posted on my page, George's Journey, about having my catheter removed Monday of this week. I said that I was probably the only person on this forum to have had problems having it removed. After reading your post, I was wrong.
Once the anchoring balloon is deflated, it should just gently slide down the urethea and out the penis. No fuss, no muss and there shouldn't be any pain. On the other hand, mine didn't want to "gently slide" out. It took several minutes of slight tugging, a bit at a time, to get it out. The nurse tried one last time and was going to get the doctor. Then, one final light pull - and it came out. Doc said it may have hung up on a suture on the way out.
Anyway, like they say, "been there - done that" and I hope yours slides out painlessly soon.