I know for AKM receivers if you have the 3rd axis pin hole (auto sheer axis) drilled the receiver is considered a machine gun receiver and is illegal. The rules are such that once it is a machine gun it is always a machine gun (for AK).
Im not sure about ARs. But what I would consider is that on the off chance the wrong person notices your decoration. Your just asking for trouble. Even if it is faked they may confiscate is until they can have an expert inspect the rifle. Who knows how long that may take or if you will ever see the gun again.