The title challengers offered half a million pounds for the Burnley striker who left Valley Parade almost three years ago.
But Clarets boss Steve Cotterill rejected the proposed transfer only days after strugglers Nottingham Forest failed to lure the 28-year-old from Turf Moor in a two-player swap deal.
Blake bagged his eleventh goal of the season in last weekend's 1-0 win over Millwall.