Arsene Wenger says reports linking him with a formal move for Hamburg starlet Hakan Calhanoglu are wide of the mark.
Calhanoglu's agent was quoted earlier this week saying that Arsenal are preparing to make an official bid in the January transfer window.
Bektas Demirtas told the Hamburger Morgenpost: "We know of Arsenal's interest. I think they will make a concrete move in December or January. Hakan and Hamburg has been a success story - our wish is that he stays here and continues to evolve."
A move to Arsenal would be fitting for the 19-year-old as he has been likened to current Gunners star Mesut Ozil and has been tipped to emulate the German international.
But Wenger says that Demirtas was lying when he linked his client with a move to the Emirates, insisting that he has no plans to bid for the player in the near future.
When asked about Calhanoglu, the Arsenal manager said: "No. All the agents will turn up with names. Many agents have good links with newspapers. The names turn up but that is not true."
The quotes come as great news for Liverpool who were recently linked with a bid for the Turkish international themselves.
According to the Daily Express Brendan Rodgers sent scouts from Anfield to the Bundesliga to run the rule over Calhanoglu and returned with gleaming recommendations.
Calhanoglu has so far played 14 games in the Bundesliga for Hamburg, scoring four goals and assisting two.