Crossword Genius

Five tangling with Balrog such as may be let go (10)

Ross

I believe the answer is:

forgivable

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'as may be let go' is the definition.
I can't tell whether this definition defines the answer.

'five tangling with balrog' is the wordplay.
'tangling with' indicates an anagram (I've seen 'tangled' mean this).
'five' anagrammed with 'balrog' gives 'FORGIVABLE'.

'such' acts as a link.

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I've seen this clue in The Times.
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