Schelotto is being linked with a January move to the Giallorossi.
"The Giallorossi officials have never contacted me," Franco Zavaglia told Forza Roma.
The 22-year-old, an Argentine-born Italian Under-21 international, has also been paired with the likes of Inter and Juventus.
"I don't know if he could leave Atalanta in January," Zavaglia added. "For now he is happy in Bergamo, but we'll have to wait and see what happens."