Brazilian starlet target Lucas will be staying in Brazil until the summer at least, according to his agent.
The 19-year-old attacking midfielder is regarded as one of the hottest-properties in his homeland, bursting onto the international stage for the Selecao under manager Mano Menezes last year.
Reports that Lucas had already signed with Inter Milan have also been played down by Junior Pedroso, insisting that Sao Paulo have not given his client permission to talk to the Italian giants.
"There is nothing definite with Inter to sign Lucas for next season," Pedroso told FcInterNews.it.
"The information is incorrect. Luke cannot talk or negotiate with Inter, without authorization from Sao Paulo.
"Lucas does not have the desire to leave Sao Paulo, so we've not started any talks with a club abroad. I can assure you the boy will remain with Sao Paulo until the summer."
An €80 million buy-out clause would be expected to ward off potential suitors of the talented teenager, but Pedroso does not believe that's the case with Lucas.
In fact, the agent has heard that Blues boss Andre Villas-Boas has tabled a substantial offer for the player, with €35 million the figure he's been quoted by a club source.
"There is a clause of 80 million, we all know that," he continued.
"Sao Paulo have not expressed an interest in selling Lucas, but I can say that we've heard from people connected with the club over an offer from Chelsea for €35million."
Pedroso was also quick to suggest that his client did not have a preferred transfer option in Europe, and that he'd be open to different options.
"On our part there is no preference towards any club," he concluded.