Yes you can draw him and do whatever you like, but do it in private without offending the believers.
Simple example. assume I have a picture of your mother and you see me jerking off on the picture,
Are you going to be OK with that ?
I would certainly wonder about your taste in women, but I digress, let's keep this on a like for like basis, I draw Mohammed, you jerk off over a picture of Jesus, sound fair?