Go round abolishing king in comedy sketch (4)
I believe the answer is:
skit
'comedy sketch' is the definition.
(a short comedy performance)
'go round abolishing king' is the wordplay.
'go' becomes 'sit' (sitting is a kind of going).
'round' indicates putting letters inside.
'abolishing king' becomes 'k' (I can't explain this - if you can you should give a lot more credence to this answer).
'sit' placed around 'k' is 'SKIT'.
'in' acts as a link.
Can you help me to learn more?
(Other definitions for skit that I've seen before include "'Short comedy sketch, a parody (4)'" , "Comic sketch" , "Taking off piece" , "Short satirical piece" , "Short satirical performance" .)