Real Madrid have already told Inter to forget signing Mateo Kovacic on loan this month, claim reports in Spain.
There were rumours circulating today that the Croatia international could return to San Siro for six months, seen as an alternative to Jiangsu Suning midfielder Ramires.
However, Defensa Central claim that Real Madrid immediately slammed the door on any such proposal.
Kovacic joined Inter from Dinamo Zagreb in January 2013 for €11m and was sold to Real Madrid for €31m plus bonuses in the summer of 2015.
The Croatia international has been given 14 competitive appearances for the Merengues this season, providing one assist.
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