Unfortunately no. You cannot reset this lock without knowing the current combination. You'll likely need to purchase a new lock. I accidentally reset the combination on my Master Lock resettable combination lock.
Breaking a Master Lock Is Insanely Easy
Even if you've thought up the craziest lock combination in the history of lock combinations, your stuff still isn't safe. Turns out, any Master Lock can easily be broken into with just a small hammer.
The number of possible combinations is 0000–9999, which is 10,000 possible combinations.
We see that our formula gives that there are 5,040 possible 4-digit lock combinations.
To pick a master lock, you'd have to raise the pins up with a pick until you hear a click signifying that the pin reached the shear line; then rotate a screwdriver in the keyhole as if you were turning a key.
This lock is preset at the factory to operate at 0-0-0-0.
A master key system is a lock system that allows different types of keys to unlock the same doors to enhance security. Each door on a property may have its own individual key that cannot open anything but its specific lock, but a master key has the capability to unlock every door.
Master combination locks have a hardened steel shackle that cannot be cut with a standard hacksaw blade. The shackle is hardened steel to deter thieves from breaking it.
1) EVVA MCS
Each key has a complex rounded shape, this coupled with the magnetic element makes it an extremely hard lock to pick. The only way to gain access to the door would be for the key to be cloned, and in that case, a master locksmith would need to get their hands on the original key.
By the way, the most common four-digit PINs according to the study are: 1234, 0000, 2580, 1111 and 5555 (scroll down for a longer list) – 2580 is there because it is a vertical column on a numeric keypad.
Just keep in mind that guessing isn't the only way thieves can swipe your PIN or password. So “8068” alone—or whatever the equivalent is now that people know about “8068”—won't protect you from ATM skimmers or hackers who breach the databases of sites that don't encrypt users' passwords.
A common PIN is a guessable PIN
The DataGenetics group found that the three most popular combinations—1234, 1111, and 0000—account for close to 20 percent of all four-digit passwords. Every four-digit combination that starts with 19 ranks above the 80th percentile in popularity.