You can uninstall or removes an installed arbtt package itself from Ubuntu 12.04 LTS (Precise Pangolin) through the terminal,
$ sudo apt-get remove arbtt
If you would like to remove arbtt and it's dependent packages which are no longer needed from Ubuntu,
$ sudo apt-get remove --auto-remove arbtt
If you use with purge options to arbtt package all the configuration and dependent packages will be removed.
$ sudo apt-get purge arbtt
If you use purge options along with auto remove, will be removed everything regarding the package, It's really useful when you want to reinstall again.
$ sudo apt-get purge --auto-remove arbtt