I know it would be almost impossible to see, but can you see if anything is sticking out of the lump? small worm/string like with a forked end? if so its an anchor worm, these leave very nasty ulcers. If you do see one you will need to treat the whole tank with an antiparasitic medication that treats anchor worm.
2nd guess would be its an infected bite wound, isolate the fish and treat with daily water changes to see if there is any improvement to the wound, if there is no marked improvement with daily water changes for a few days then try an antibacterial medication.
3rd guess would be some sort of tumour for this there is no treatment I am afraid.
Trying to take pics of rummy nose is almost impossible!!, you could try a short video if you can, that way you might be able to see it better.