Removing all but a few cycles in a graph
I think I have such a reduction for the case when we aren't allowed to break the given cycles. Let $C$ be the set of the vertices belonging to the selected cycles (wlog assume that $G[C]$ is connected), and let $D = V\setminus C$. We cannot remove any vertex from $C$. Let's collapse all the vertices from $C$ into one vertex $c_1$ (of course delete the created loops, but keep the double edges), and create $k$ copies of $c$, with the same neighborhood (so now we have a graph on $\{c_1, \dots, c_{k+1}\} \cup D$). We now search for a feedback vertex set. If I'm not mistaken, instance of feedback vertex set thus created has a solution of size $k$ iff our graph had a solution of size $k$ to our problem.

edit: Answer to Prabu's doubt from the comment

The vertices $v_1$ and $v_4$ would indeed collapse to a vertex $v$ (with all other vertices of the forbidden cycles), but the reduction creates $k+1$ copies of $v$ (let's call them $w_1, ..., w_{k+1}$). So the cycle $P$ is transformed into two families of cycles: $F_1 = \{(w_i, v_2, v_3, w_i): i \in [k+1]\}$ and $F_2 = \{(w_i, v_5, v_6, w_i): i \in [k+1]\}$. To break all the cycles from $F_1$, we would have to delete either all the vertices $w_i$ (but we can't, there's too many of them), or one of the vertices $\{v_2, v_3\}$. Same goes for $F_2$ - so altogether we delete exactly 2 vertices.

Let's now look at our original graph. We have two cycles here, one is $P$, and the other: $(v_1, v_2, v_3, v_4, c_1, c_2, ..., c_l, v_1)$, where $v_4, c_1, ..., c_l, v_1$ is some path from $v_4$ to $v_1$ using only the vertices from the forbidden cycles, which we cannot delete (we assumed that $G[C]$ is connected, if we want to get rid of this assumption, we would have to consider connected components of $C$ and collapse vertices from these components separately). To destroy both of this cycles we would also have to delete one vertex from $\{v_2, v_3\}$ and one from $\{v_5, v_6\}$ (you can easily see this when you draw this graph).

So the reduction did exactly what we wanted in this case.