No it doesn't work that way.
If you stress relieved your barrel now it would most
definitely thro the barrel out-of-true.
Boring and cutting the flutes in a barrel is the very last step
in manufacture. It is the very last step for one reason only,
any operation done after, has a very high likely hood of
distrupting a barrels true centre line.
If you really want flutes, that's fine. Flutes are cool.
Buy an aftermarket fluted barrel from any of the great
producers known to CGN members and being it a Rem 700,
you will have a vast selection to choose from.
If you flute yours now, you'll buy a new one anyway . . .