The 32-year-old signed for Golden Arrows upon his return from Europe at the start of the 2016/17 season, but the club has indicated that his contract will not be renewed at the end of June.
Isolezwe reports that Dikgacoi is banking on his previous working relationships with Pitso Mosimane and Manqoba Mngqithi to land a contract at Chloorkop.
Dikgacoi worked with Mosimane at national team level, while he reached his full potential under the tutelage of Mngqithi.
KG's agent Lwazi Mazibuko refused to talk about his client's future, saying he will be prepared to discuss it after the 30th of June.
"KG's contract with Arrows is coming to an end on June 30. So, let's rather wait until then and the talk about his future," Mazibuko said.
"I think it's important that we respect Arrows," he concluded.
Sundowns have denied any knowledge of a possible deal.