The Nerazzurri skipper does not believe there is a chance of the Swede going back to Appiano Gentile, with reports in France suggesting that Paris is a more likely destination
There is ongoing speculation that the forward's current employers are keen to offload the 30-year-old, who last week caused embarrassment by claiming that the Diavolo had economic problems, and there has even been talk of him returning to the Nerazzurri.
However, Zanetti is paying little heed to the rumour mill, admitting to RTL 102.5: "I don't at all think that Ibra will come back to us. He's doing well at Milan."
Meanwhile, Ibrahimovic is still being linked with a move to Paris Saint-Germain. According to France Presse, the Qatari-owned Ligue 1 outfit, who are also said to be keen on Milan centre-back Thiago Silva, are willing to pay €40 million for the former Barcelona striker.
The Swede was the top scorer in Serie A last season but there were reports towards the end of the campaign that coach Massimiliano Allegri wanted rid of the player, who was alleged to have become a divisive force in the dressing room.