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I'd try a screwdriver, failing that, I'd personally be trying to see if there was a suitable sized torx bit that was just a bit bigger, and tapping it in with a hammer in the hope it would grip. Problem is you'd want one that wasn't going to stretch the hold that much, as you do risk splitting it even worse.
Chips are "Plant-based" no matter how you cook them
Donald Trump needs kicking out of a helicopter
I'm personally responsible for all global warming
(edit) Ok - silly me - I see it now, ignore me and thanks again
(There are other ways of fixing a neck which does need a forward bow and only has a single-acting rod too.)
For what it's worth, I think the damage to your rod is one of the reasons the trend has been to 4mm rather than 5mm Allen sockets in recent years - it leaves a much thicker sidewall so the nut is stronger, the key is weaker so there's less risk of overtightening, and there isn't a 'near fit' wrong size which will go in and then damage the nut, as there is here - a 3/16" Allen key is 4.8mm, which will go in easily but has a high risk of rounding the nut.
Even worse is the 1/8" rod used on some USA Fenders, which *are* dual-action, and the nut is behind a walnut plug which has to be removed, replaced and refinished over if the nut is damaged - which it very easily can be by using a 3mm Allen key...
"Take these three items, some WD-40, a vise grip, and a roll of duct tape. Any man worth his salt can fix almost any problem with this stuff alone." - Walt Kowalski
"Only two things are infinite - the universe, and human stupidity. And I'm not sure about the universe." - Albert Einstein
I would start by raising the bridge slightly though - unless the neck is actually back-bowed, it's surprising how little relief you do really need.
Some people advocate heat treatment, but unless you go far enough to soften the glue holding the fingerboard on so it will move relative to the neck, it doesn't work in the long term - the wood still wants to go back where it was eventually.
"Take these three items, some WD-40, a vise grip, and a roll of duct tape. Any man worth his salt can fix almost any problem with this stuff alone." - Walt Kowalski
"Only two things are infinite - the universe, and human stupidity. And I'm not sure about the universe." - Albert Einstein