Stair rail anchor covered with aggregate finish

I've posted some pictures with the initial question. The rail has not been removed in the time that I've lived here but I'd like to get a rectangular safety pool cover without having to get one custom made to accomodate the step rail.
What tools could be used to chip away the plaster?
 
I wouldn't chip away just yet. I'm with Bama and wonder if there is a bolt in there. I'd try to wiggle it out some and see if it moves at all.
 
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