[Yum] Is it possible to do downgrades using yum

[Kamavaram, Sunil]

Is it possible to downgrade to old version of a package?

For example, 

Package abc 3.0.3 installed on a machine through yum update, is it
possible to downgrade the package abc from 3.0.3 version to 3.0.2
version using yum.


Thanks
Sunil.