The Italy under-21 international will not be agreeing to go anywhere before the season's conclusion, according to agent Mino Raiola.
"This is a big stupidity," Raiola told tuttomercatoweb.com. "There was no contact and Mario won't go to City for sure.
"We'll talk with the club about Balotelli's future after the (Champions League) final in Madrid.
"Now the boy must be focused exclusively on these last two games, as Jose Mourinho asked. We must wait until the end of the season."