CheckBox disabled - disable only check box, not label

I am using CheckBox in my Winforms application and it is showing to a user if some functionality is set or is not set. If the functionality is curretly running the CheckBox is flashing (label is changing color from black to grey in 1 second interval). But in some case I do not want allow the user to set on/off the functionality - in this case I disable the CheckBox. But this disable check box including its label and if the functionality is running, label is not flashing.

My question is if I can disable only check box - not its label. If the label is not disabled it can flash...