The Blues forward was reportedly a summer target for the Russian side. Torres has continued to struggle this term, despite the arrival of Rafa Benitez as interim Chelsea boss.
The £50m signing has enjoyed support from Chelsea owner Roman Abramovich and a string of managers at Stamford Bridge, but he's yet to recapture the world-class form he showed at Liverpool.
Reports had claimed Anzhi were considering a summer move to partner him with Samuel Eto'o, but Hiddink has played down such rumours.
Hiddink said: "It's interesting. With Anzhi it means that always 'oh the club has a lot of money, oh the club has a lot of prestige.' Everyone is linked who wants to make a move, or an agent who wants to make a move, it's a game as journalists you know better, maybe not better or equal as coaches do.
"Players or agents sometimes have interests to be linked to other clubs or to get a better contract of their own or whatsoever, you know what will happen.
"As long as there is nothing official from our side I can assure you there is no single approach to any player at this moment."
Anzhi face Newcastle in the Europa League this evening. Hiddink's side finished second in the Russian Premier League heading into the winter break, five points behind league leaders CSKA Moscow.
And they've invested heavily in the playing squad over the past few months, signing Willian from Shakhtar Donetsk in the winter transfer window. They did lose defender Christopher Samba to Queens Park Rangers in January, however.
Lacina Traore and Eto'o are the club's current first-choice strikers.