No. The Tory Party are finishing what Nigel Farage instigated. They are honouring the wish of those who could be bothered to get out of bed and vote leave. The majority won and the Tory party is still the Tory party.
They fought the last election saying they would honour the result of the referendum (the fact that they couldn’t is another story).
Deputy PM and Peerage?
A lot of unlikely things would need to happen for that to happen.
For Farage to be Deputy PM, he would have to be an MP, and he isn’t standing or BP would have to win some seats, and go in coalition with the Tories - unlikely.
The Deputy Prime Minister is a cabinet post and Lords are usually exempt. Tony Benn renounced his peerage so he could be Transport Minister in Harold Wilson’s Government.
Labour Peer Lord Adonis served in the Conservative Government, but in a minor position, not cabinet level.