"There are no negotiations underway and there never will be," said Ancelotti. "It is impossible for him to join Real Madrid, he is a symbol for us.
"He has a long contract and I am sure he will honour it."
Kaka sparked more speculation on Thursday in Moscow when he, along with teammate Cafu, accidentally got on the Madrid team coach.
He soon rectified the mistake, but it was enough for the Spanish Press to report that the player already feels part of Los Blancos.