Romelu Lukaku's agent has denied reports that the Chelsea striker will be shipped out on loan in January.
Reports in the last few days have suggested that the 18-year-old could be on the move in the New Year, with Malaga thought to be keen on a six-month loan deal.
Lukaku joined the Blues from Anderlecht during the summer in a deal worth in the region of £18million and has spent most of the season to date warming the bench.
But his agent, Roger Henrotay, insists there will be no transfer activity during the winter transfer window.
"His future is clear," he told Calciomercato.it.
"He will not move in January, he will definitely stay in London.
"The rumours about Malaga and Stoke City? No, I repeat, Romelu will stay at Chelsea where he is very happy and he will not change jerseys.
And of rumours of a move to AC Milan, he added: "I'm sorry but there is no possibility of him moving to the Rossoneri.".
Reports towards the end of August had suggested Chelsea were ready to let the Belgium international leave Stamford Bridge on loan to join Stoke - just days after he made his debut - but the Premier League rulebook states that a player bought by one club cannot be loaned to another in the same transfer window.
It had been thought that a loan move in January may not happen, however, depending on which of his players manager Andre Villas-Boas loses because of the African Cup of Nations.