The Brazilian ace has been in fine form for the newly promoted Ligue 1 giants since completing a summer loan move to the club from Rio Ave.
Arsene Wenger is preparing for the possibility of Bacary Sagna leaving the Emirates Stadium at the end of the season once his contract expires.
The French defender has been linked with a move back to his homeland, which has caused the Gunners to monitor alternatives.
Arsenal’s scouts have been impressed by Fabinho, who has helped the principality based side to make a fine start to their first season back in the top tier.
The South American is believed to be keen to move to one of Europe’s top sides, and may opt against completing a permanent switch to Monaco for fear of the Mediterranean side signing a top class replacement in the coming windows.
Monaco have set their sights on becoming a European force, and spend in excess of £150 recently to sign a number of top players such as Radamel Falcao and Joao Moutinho.
Could Fabinho be an Arsenal star? Or should they keen Bacary Sagna?
Tell us what you think below!