You can uninstall or removes an installed libcgraph5 package itself from Ubuntu 12.04 LTS (Precise Pangolin) through the terminal,
$ sudo apt-get remove libcgraph5
If you would like to remove libcgraph5 and it's dependent packages which are no longer needed from Ubuntu,
$ sudo apt-get remove --auto-remove libcgraph5
If you use with purge options to libcgraph5 package all the configuration and dependent packages will be removed.
$ sudo apt-get purge libcgraph5
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 libcgraph5