You follow this article, ln: Make Links between Files, Creating hard & soft Links Steps on how to create soft link or hard link. But, to remove the soft link or hard link, you will need to follow below step.
ls -lart
lrwxrwxrwx 1 root root 17 2013-08-31 10:02 daem /oracle/ARA/11203
unlink daem
ls -lart
lrwxrwxrwx 1 root root 17 2013-08-31 10:02 /oracle/ARA/11203