In a country run by a military regime, the scenario most likely to happen is:
The military would hold elections but could overrule decisions made by those elected.
Military regimes often maintain a facade of legitimacy by holding elections or allowing for some level of civilian governance. However, they typically retain ultimate control over the state and may choose to overrule or manipulate the results of those elections if they do not align with their interests. This allows them to maintain power while still presenting an appearance of democratic processes.
The other options you mentioned are less characteristic of typical military regimes. For instance, while a military regime might consolidate power, it does not usually aim to implement an absolute monarchy or seek to protect basic rights comprehensively, as their focus tends to be on maintaining control and stability rather than upholding democratic rights.