The 26-year-old has his six goals in 15 appearances in Argentina's top-flight this season and has now reached 15 caps for his native Colombia.
The striker was prolific in his early career in South America and earned a move to Turkish side Trabzonspor in January 2010.
Racing Club vice-president Rodolfo Molina told Ole: " There is no formal proposals for Teo Gutierrez, just words but no realities.
"When we receive an actual proposal we will study the numbers hard. The club does not reject the sale, but we will only negotiate on his real value."