Get rid of souvenir of gambling with the Devil? (7)

I believe the answer is:

discard

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'get rid of' is the definition.
(discarding is a kind of getting rid of)

I don't understand the rest of the clue.

(Other definitions for discard that I've seen before include "Jettison" , "Throw away or cast off" , "Abandon" , "Shed" , "Reject" .)

I've seen this clue in The Telegraph.

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