Bhutan rejected a cease-fire offer by Indian guerrillas holed up in its territory and vowed on Friday to press on with its military offensive until the last rebel was found. The Himalayan nation, wedged between India and China, launched on Monday its biggest military offensive against an estimated 3,000 Indian rebels who set up camps in its remote southern jungles about 12 years ago. “We are not prepared to believe them. Our battle will continue until the last rebel has been found. We are ready to face any consequence,” a Bhutanese foreign office spokesman, Yeshey Dorji, told Reuters by telephone. Dorji said Bhutan had rejected a peace offer by Paresh Barua, chief of the military wing of the powerful United Liberation Front of Asom (ULFA) rebel group. Full Story