No, but it is the drive you rebuild, not parity. Replacing the drive requires rewriting every sector on that drive with its new contents and during that process Unraid will be reading from all the other data drives and the parity drive to reconstruct it’s contents. There is no need to first copy the data elsewhere as the rebuild process puts back the contents. It’s a good idea, though, to keep the removed disk intact until the rebuild finishes just in case anything goes wrong during the rebuild.