Reports suggested that the Japan international was set to sign with the Gunners following a medical in North London but Kees Ploegsma has denied any speculation linking his client with Arsene Wenger's team.
"Is it reported that Keisuke is in London? This is not true," Ploegsma told Sovetsky Sport.
"He's in Japan with his national team. He won't sign anywhere, it's sure that he stays at CSKA."