I'd cut it without a special tool:
* fully unthread the nipple
* remove spoke from the rim (no need to remove it from hub)
* fully thread the nipple as far as it can go
* cut 5mm of spoke thread with a regular cutting plier
* fully unthread the nipple. mushed threads (from the cheap pliers) will be fixed that way
* insert spoke into rim
* thread nipple as much as necessary
Other options:
* simply remove spoke from rim until you get a shorter one. missing 1 spoke doesn't cause any problems
* partially unthread spoke and bend it in the middle with pliers until you get a shorter one
* leave spoke as is and place a rubber square from an old tyre between spoke and rim tape to prevent any further punctures