Hi KanakaRed, yes there is a setting in moi.ini that you can change to disable this.

From inside MoI, go to Options > General > "Edit .ini file" button and then inside of moi.ini under the [Selection] section, find this line:

[Selection]
<...>
DisableObjectDrag=n

And then change the y to n like this:
DisableObjectDrag=y

- Michael