The Canaries captain has attracted the SPL side's attention with nine goals this season as they look set to lose Nikica Jelavic to Everton on transfer deadline day
The Scottish Premier League outfit are set to lose star forward Nikica Jelavic to Everton on transfer deadline day and had turned to the Canaries captain as their preferred replacement.
However, the East Anglian side are seemingly in no mood to countenance the sale of their talismanic hitman, who has scored nine goals in all competitions so far this season for the newly-promoted club, who are currently ninth in the Premier League.
30-year-old Holt has played in every division of English league football, having begun his career in the Conference, before propelling Norwich to consecutive promotions in the last two seasons.
With hours to go before the close of the window, Rangers must decide whether to up their offer or give up pursuit of the powerful striker.