Though many of the recent reports have taken a dim view of the prospects of the rebels ousting Libyan dictator Moammar Gadhafi, the regime appears to believe that its time is extremely limited, and it is being reported in a number of outlets that Gadhafi himself had offered to step down if the rebels would meet certain conditions.

Amongst those conditions, according to the officials, was that Gadhafi be guaranteed immunity from any charges and that the rebels allow him an “honorable exit” through turning over the parliament to the rebel faction. He also watned a guarantee of a large sum of money to leave.