Is this a Micro Matic coupler? If so, is it a "D" or "S" coupler? If so, this valve is not only the one way valve but is also the seal. If the valve is damaged, you should replace it. You could get by temporarily with a replacement washer until a new one arrives.
Do not risk your pressure system by allowing the beer to back up into it. If so, it will take some time to disassemble the regulators to clean and to replace the pressure line.
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