Reports emerged from El Observador on Wednesday that Suarez had said the "affection" of the club's fans had convinced him to abandon plans to leave.
Luis Suarez is 16/1 with Coral to be the Premier League's top scorer
But, speaking curtly to journalists following Uruguay's 4-2 win over Japan, Suarez rubbished reports that he has had a change of heart: "I didn't say it."
"Maybe someone else did, [but] the main thing is that I am here now with the national team," he was also reported as saying by Kyodo News.
Arsenal have had two bids rejected for Suarez, the latter of which amounted to a pound over £40 million and was thought by the player to have triggered a release clause in his contract.
However, Liverpool and the PFA have confirmed that no such clause exists in the player's deal, while reports have surfaced that Suarez is considering legal action over the club's refusal to release him.