Saido Berahino has rejected interest from the Premier League elite and agreed a new contract with West Brom.
The 20-year-old has burst on to the scene this year scoring six goals in 10 matches so far - most notably, he scored the winner against Manchester United at Old Trafford.
His ascendency not only caught the likes of Arsenal and Chelsea off guard but also his club, who were still paying him a comparatively paltry £850-a-week, making him one of the Premier League's lowest earning players.
Although still having 18 months left on his contract, the Gunners and Chelsea were both ready to test West Brom's resolve with a January offer.
Jose Mourinho and Arsene Wenger were buoyed after the Daily Mirror reported that Berahino had rejected an offer of £7,000-a-week from Steve Clarke and was ready to leave.
But it seems that the youngster is happy with the first-team role he has been granted at the Hawthorns and has agreed a new deal until the end of the 2016/17 season.
West Brom's sporting & technical director Richard Garlick, who has seen Berahino come through the ranks is delighted he has decided to stay.
He told West Brom's official website: “It was always our intention to reward Saido for the huge strides he has made over the past few months.
“He started to make really positive noises at the start of last season but couldn’t quite break into Steve’s first team.
“But he went out on loan to Peterborough United and did really well. He played games, scored goals and was in a really good place.
“Unfortunately, he picked up a knee injury which ruled him out for the rest of the season.
“But he came back here for his rehab, got his head down and concentrated fully on getting fit and healthy.
“At the moment he peaked in his recovery, the first team reported back for pre-season.
“That meant he hit the ground running and pretty much underwent a second pre-season. He did well in the friendlies before really coming to the fore with his hat-trick against Newport in the Capital One Cup.
“From then on, he hasn’t looked back, scoring his first Premier League goals and hitting the net regularly for England Under-21s.”