Personally,
I think cutting through such a thick piece of metal with a chop saw is quite dangerous. Chop saws are designed for light gauge metal. If you have a torch, it should zip right through that. You're talking about cutting through metal that is over 2 inches thick and high tensile at that. Although it will cut/grind, the issue is that it will rapidly destroy a grinding and cutting rock rapidly to the point the whole stone will disintegrate and launch projectiles from the blade at high rates of speed. It would take quite some time to cut down through it.
A torch would make the cut in a fraction of the time. Then you could grind the rough cut up, but I wouldn't try to cut anything that thick without some serious protection.