Reports suggested Can was looking for a path to Allianz Arena with Juve coach Maurizio Sarri doubting he will play a leading role in Turin this season.
With Croatian winger Ivan Perisic joining from Inter last week, Barcelona star Coutinho set to sign and young talent Mickael Cuisance arriving from Borussia Monchengladbach, the club has seemingly restocked with new talent following a summer that saw the departures of regulars like Franck Ribery, Arjen Robben, James Rodriguez, Mats Hummels and Rafinha.
And now, Bayern president Uli Hoeness suggested the club had completed their player movement business for the summer with that group of signings.
"Our squad is now complete and we are not looking to make any other changes,” Hoeness told Sky Sport Germany.
Can, who began his senior career at Bayern in 2012, is facing a battle to get into the midfield at Juventus as he faces competition from Adrien Rabiot, Miralem Pjanic, Aaron Ramsey, Sami Khedira, Rodrigo Bentancur and Blaise Matuidi.
He has been used as substitute in Juve's recent two friendlies against Atletico Madrid and Triestina - coming on in the second half during both matches.
Former club stalwart Ze Roberto believes Bayern will see the best of Coutinho and rediscover his brilliant form from his Liverpool days once the 27-year-old makes the move to Germany.
Coutinho only managed five goals in La Liga for the Catalans last season - a tally significantly smaller than the 13 strikes he scored in Liverpool's 2016-17 Premier League campaign.