Assuming you meant that, if those people hide their stories from you, you would not want them to be a part of your life, then your sentence is actually correct and fairly clever. While "hide" not really the right verb to use in this context, the point is to reuse the same verb and the same overall structure.
This kind of humor is common in English. For example, this is something my father might have said to me when I was a kid:
Me. Ow! That tree branch poked me!
Dad. Well, then poke it back.
Obviously poking the branch in the same way it poked me isn't going to do any good, but the point of the joke was to make me laugh at the absurdity and take my mind off of any pain.
As others have pointed out, "to hide" something does not mean to make it "disappear". Instead it means to conceal or cover it, or in some way make it so it can't be seen. So the phrase
I'd hide them from my life
would be interpreted as
I would make it so I could not see them.
I wouldn't want them to be my friends any more.