The 25-year-old's representative insists that the player will not be leaving the Santiago Bernabeu during the summer
The 25-year-old has struggled to find his top form on a consistent basis this season and has been linked with a move to Paris Saint-Germain in the summer.
Many have predicted that if Jose Mourinho leaves Los Blancos at the end of the season, Benzema will exit too, but his agent Karim Djaziri has denied these rumours.
"Whether Mourinho quits or not, Benzema will remain at Madrid," he told AS.
"At no point has Karim wanted to join PSG and they have never contacted us. He is at the best football club in the world."
Former Madrid hero Fernando Morientes recently expressed his concern over the form and state of mind of Benzema and his teammate Gonzalo Higuain, with both not as lethal in front of goal as in previous seasons.
Benzema has scored 14 goals in 36 appearances this term, finding the net just seven times in the league, in comparison with a haul of 32 last season.
He has, however, been included in Didier Deschamps' France squad for the upcoming 2014 World Cup qualifiers against Georgia and Spain.