The striker's agent dismissed suggestions of a move away from the Bernabeu, with the Gunners believed to be interested in the forward as well as Angel Di Maria & Mesut Ozil
The France international's representative had previously insisted he was not interested in leaving Los Blancos, after Goal had revealed the Gunners' interest in the forward and in winger Angel Di Maria.
|25/1||Karim Benzema is 25/1 with BetVictor to be Champions League top scorer
"In any case, he’s joined up with the France team today, and I doubt they’d even allow him to leave to discuss a move."
Arsenal are in advanced talks over a £40 million move for Mesut Ozil, with Carlo Ancelotti's side looking to raise money through player sales following the acquisition of Gareth Bale.
And the former AC Milan and Paris Saint-Germain manager had on Saturday hinted at problems with Benzema's attitude.
"Today one thing was very clear. Benzema was whistled a bit, while Di Maria was applauded by whole stadium," Ancelotti told reporters.
"The fans look closely at the players. It's a very clear sign for everyone that hard work is applauded."