JQUERY How to disable not-allowed cursor while dragging?

I've got issue with the not-allowed cursor. While dragging the "drag" element, not-allowed cursor appears and I can't drag it anymore. How can i prevent that? I want to make my "drag" element always be "absolute" while mouse is down.

Note: I know that it can happens becouse "pointer-events" but I need it to be contained into this code.

Some code:

$("#drag").bind({
  mousedown : function (e) {
      var dragged = $(this);
      dragged.css({
          left : e.pageX - (50 / 2),
          top : e.pageY - (50 / 2)
      });
      dragged.addClass("absolute");
      dragged.css({
          'pointer-events' : 'none'
      })
      var upHandler = function () {
          dragged.removeClass("absolute");
          dragged.css({
              'pointer-events' : 'all'
          })
          $("body").off('mouseup', upHandler);
          $("body").off('mousemove', moveHandler);
      }
      var moveHandler = function (e) {
          dragged.css({
              left : e.pageX - (50 / 2),
              top : e.pageY - (50 / 2)
          });
      }

      $("body").bind({
          mouseup : upHandler,
          mousemove : moveHandler
      })
  }
  });

  $("body").mousemove(function (event) {
     $("#log").text("pageX: " + event.pageX + ", pageY: " + event.pageY);
  });

https://jsfiddle.net/38zecoL1/1/

Thanks for any help.