Yes @Arun it exist and it's called "IMPORT" mode in schema registry.

• First create an API KEY
  

• Go to your local terminal (here I'm using linux terminal)

• export yours keys ton environment varaibles:
  

• Retrieve your endpoint (it's public for my test case:
  

• Switch to the IMPORT mode
  curl -XPUT -u "$API_KEY:$API_SECRET" -H "Content-Type: application/vnd.schemaregistry.v1+json" --data '{"mode":"IMPORT"}' YOUR_SCHEMA_REGISTRY_ENDPOINT/mode

  The Result will be like below

• Then create your Schema attached to your target Subject and version:

  curl -XPOST -u "$API_KEY:$API_SECRET" -H "Content-Type: application/json" --data '{"schemaType": "AVRO","version": 1,"id": 55,"schema": "{\"type\":\"record\",\"name\":\"User\",\"namespace\":\"io.confluent\",\"fields\":[{\"name\":\"name\",\"type\":\"string\"}]}"}' YOUR__SCHEMA_REGISTRY_ENDPOINT /subjects/user-value/versions

• And it's done: