Yes this is possible ! At Shabaash India show this job was done by Suraj mal Ji from Delhi. Mr. surajmal told that he is lifting weight with his strong moustache from a very long time. Suraj mal ji is about 64 year old in age. he told that the massage of “Milk cream” and “mustard oil” made his moustache so strong.
Finally A big peace of wood was there which was  twenty five kilogram in weight. the peace of wood was tied to his both moustache. then he said “jai bajrang bali” and lifted. it was so special what he have done at Shabaash India.