Hibernian manager Mixu Paatelainen has rejected fresh reports linking Steven Fletcher with a move to Real Madrid.
Reports over the weekend suggested Hibernian officials had held talks with Real's general manager Predrag Mijatovic to discuss a possible transfer.
Real have been tracking the 21-year-old for some time and are believed to rate the Scotland international highly.
It has been claimed Real could sign Fletcher and then loan him out to a Primera Liga rival for a season.
However, Paatelainen has rubbished talk that Hibs and Real have met to discuss Fletcher's future.
"There has been no contact," Paatelainen told the Daily Record.