Hi,
Search time out parameters do not apply for Continuous Scanning mode. To stop continuous scanning mode you must call the sd_ant_channel_close() method (nRF51 SDK) with Channel 0 as the parameter.
You may use the search time out parameters (in addition to the close command) if you are using a Background Scanning Channel. The two available methods in the nRF51 SDK:
sd_ant_channel_low_priority_rx_search_timeout_set()
sd_ant_channel_rx_search_timeout_set()
It is recommended that the Background Scanning Channel is operated in low priority search mode, even though it looks like you will only be using one channel.
You can find more information in the following documents:
AN 14 Continuous Scanning Mode
AN 11 Channel Search and Background Scanning Channel
Available on our downloads page:
http://www.thisisant.com/developer/resources/downloads/#documents_tab