The Montenegro international joined the Etihad Stadium outfit during the summer, but has made just five appearances for the club in all competitions, netting just twice in the Capital One Cup against Wigan.
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And Montella, who saw Jovetic net 13 Serie A goals under his stewardship last season, does not believe it would be impossible for the 24-year-old to return to Florence.
“Jovetic? It seems he is injured too,” said the Italian coach when asked about the prospect of the City forward re-signing for Fiorentina.
“We already have some injured players like [Mario] Gomez and Rossi, they aren't enough? But is his arrival science-fiction? No.”
Jovetic, who scored 40 goals in five seasons at the Stadio Artemio Franchi, has not featured for Manuel Pellegrini's side since October due to a calf problem.