The forward, who has represented Brazil the Olympics as one of the three over-age players in London, has been linked with a move to Chelsea, while Zenit St Petersburg have recently been credited with an interest.
However, Constantine Theodore has moved to rubbish these claims, and wishes Hulk to remain focused on the competition, despite the on-going speculation surrounding his future.
"We are not talking to any club at this time," he told Globoesporte. "Hulk is totally focused on the games of the Brazilian team in the Olympics in London.
Theodore has not ruled out a move happening before the end of the transfer window though, having until the end of the month to sort out where Hulk will be playing his football next season.
"There is no rush. The European window ends on August 31. And we must remember he also has a contract with Porto."
Brazil face Honduras in the quarter-finals of the Olympic football tournament on Saturday.
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