I can't believe that something as dumb as pulling up on the brake pedal solved this week long nightmare. My buddy and I replaced my pads and rotors all the way around last week. Tried to drive the car, rears are locked up.
Pulled the rear calipers, took them in to get rebuilt. Replaced the guide pins, made sure everything was lubed up nicely, re-installed the calipers, bled all four corners and topped off the fluid between bleeds. Took it for a test drive, seemed fine. Did the bedding procedure, felt like it was dragging a bit, but not bad.
Let everything cool down and went around the block again, brakes locking up again but with intermittent severity.
Read this thread, say "F" it and pull up the brake pedal. Car immediately rolls freely, even after engaging and disengaging the parking brake.
I'm going to wait an hour and take another test drive once everything is cool to the touch, but I'll be damned if this isn't the dumbest yet most effective fix I've heard yet!