yes, you have no need to give it up.
Send him an email saying that according to ICANN regulations, common words are "legitimately registered on a first-come, first-served basis" and that Fluke is a common word in the English language. Also inform him that you are prepared to hire the best intellectual property lawyers available if he should decide to unfairly initiate a UDRP proceeding.
Of course, if you offered the domain for sale to him at any point in time, ignore my advice and just turn the domain over to him.






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