Wow you maybe could.
Telluride -> Denver is 360 miles by road. At $0.58/mile that's ~$210.
KTEX -> KDEN is 190nm, call it 2 hours in a Cessna 172 with run-up and taxi. I can't find aircraft rental rates there in 5 minutes of search, but anything under $105/hr wet would make it cheaper than driving at IRS rates.
Telluride is at 9070 feet elevation though, so make sure you know how to fly in the mountains!