Thanks for the tips. Where do you get carbide drill bits?If you can hold the nut and turn the bolt with a breaker bar, it will sheer.
The trick to drilling SS is to use a sharp carbide bit. I usually start slow with a lot of pressure to start it biting. Once you are into the metal it should drill all the way through. Use plenty of oil to keep it cool. The heat buildup is what kills the bit and hardens the stainless. Once that happens, it will be very difficult to drill/cut.