Goal.com exclusively revealed in August that Manchester City were in advanced talks over the transfer of the 23-year-old, but an agreement was not reached before the summer transfer deadline.
Roberto Mancini is reportedly preparing to ignite the deal with a second approach in the January transfer window, however Jovetic has moved to quell such speculation by insisting he intends to stay with his current club.
He told Rai Sport: "I am fine here, I will not go. I have no thoughts about leaving, even if in life you never know what might happen."
"At the moment there is no way I will leave Fiorentina although in the life of a footballer you can never be 100 per cent sure of anything."
The Montenegro international’s impressive displays for the Florence-based club have also reportedly sparked the interest of a number of other clubs, most notably fellow Serie A side Juventus.
Jovetic has made 92 appearances for the Viola since joining in 2008, scoring 32 goals.