If you go into the Menyoo menu, there's an submenu called Weapon Options go in it and there should be a cheat called "Infinite Parachutes" if it's green press the ENTER key to desactivate it. If u go into the weapons wheel of the game there will still be a last parachute. Use it and you should be able to freefall into a ragdoll state and not the parachute animation state