Arsenal have not made contact regarding the proposed summer transfer of Colombian forward Luis Muriel, according to the player's agent.
Reports earlier this week had claimed the Gunners were monitoring the progress of the 20-year-old, who has been likened to Real Madrid superstar Cristiano Ronaldo.
Muriel is currently on-loan from Udinese with fellow Italian side Lecce, and has also reportedly been attracting the interest of Barcelona, AC Milan, Roma and Juventus.
However, although Arsene Wenger is already making plans for the summer transfer window, he has yet to launch an attempt to bring Muriel to Arsenal.
"There is no truth in Arsenal's supposed interest in Muriel, these are just rumours," Muriel's agent Helmuth Wennin told calciomercatoweb.it.
"Big Italian clubs? Luis is focused on Lecce.
"His future is with Udinese, the club that owns him. This is no time to think about the transfer market."
Arsenal, meanwhile are expected to announce the transfer of Lukas Podolski in the coming weeks, having agreed a deal to sign him from Cologne earlier this month.
According to Metro, an official announcement will be made by both clubs within the next fortnight, with a fee of £10.9 million enough to have secured his signature.
The 26-year-old German forward has scored 16 goals in the league for Cologne this season - his best even return in the Bundesliga.