The 19-year-old striker is believed to be high on Chelsea owner Roman Abramovich's list of transfer targets, with recent reports suggesting that the Russian is preparing to make a bid for the Brazil international.
But according to Wagner Riberio, the highly-rated forward will not be moving to Stamford Bridge this summer.
"This is all speculation from Britain," said Riberio. "It is absurd.
"He does not want to, and will not, leave Santos. He is happy and focused on the Copa Libertadores.
"Of course he will arouse interest, that is just natural because of his performances on the field — but I guarantee you there is no proposal for him.
"You have to pay £40m for him, yet Santos have to want to sell and now Santos do not want to."

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