Russian giants CSKA Moscow have turned down an offer from Lazio for sought-after Japanese playmaker Keisuke Honda.
The Serie A side had appeared close to a deal for the 25-year-old, with reports in Italy claiming personal terms had been agreed.
Honda also said earlier this week he was confident the two clubs would reach a deal before the end of the month.
However, the Russian side have spurned Lazio's bid just hours before the end of the transfer window.
Honda, who joined CSKA from VVV Venlo on a four-year deal thought to be worth around €6million in January 2010, has been linked with several clubs in recent weeks, including Premier League sides Arsenal, Aston Villa and Liverpool.
European heavyweights Juventus and Paris St Germain are also thought to be interested in the Japan international.
Lazio are thought to have turned their attention to Villarreal forward Nilmar after seeing their swoop for Honda fall through.
However the Biancocelesti's sporting director Ighli Tare, who was due to meet with the Brazilian's agent Federico Pastorello in Milan on Tuesday, admits negotiating a deal before the transfer window slams shut could prove difficult.
He said: "It's hard for Nilmar. This operation is practically impossible."