He is adamant he is not looking to leave Spain and that no bid is on the table.
"I insist that I want to continue with this club although every day I am linked with a new club," he told Uruguayan newspaper El Observador.
"The day I was in Sweden for a publicity event, some papers said that I had travelled to sign in Dubai.
"My situation is rare because the media says I'm not interested in staying with the club but I've said that those stories are not true.
"At the moment I have not received any offer. I still have two seasons (with Atletico) and I am very content there.
"I will only leave Atletico Madrid if an offer is received which is too tempting for all parties."