The auto-reject function causes the phone to direct a caller directly to voicemail - it does not pick up and disconnect the call. Basically, it's the same thing as pressing the "Don't Answer" button on your phone.
If you want something to prevent a number from getting to voicemail, you'd need a 3rd-party app to do so. A search in Google Play for "Call Blocker" will probably net a bunch of results. These apps typically have an option to briefly pick up the call before disconnecting, which will prevent the call going to voicemail.