Dynamo Moscow sporting director Konstantin Sarsania admitted that Arsenal were interested in the services of Aleksandr Kokorin, Express reports.
The 24-year-old emerged as a target for manager Arsene Wenger heading into the January window, but a formal move for the striker failed to materialize.
It was believed that the Gunners would have been able to sign the Russia international for only £4.3millon with Wenger keen on reinforcing his options up top.
However, despite Kokorin failing to push for an exit, Sarsania revealed that the forward could still leave in the near future, although interest from the Gunners seems to have now cooled.
“I don’t know where Kokorin will continue his career,” he said.
“There was interest on the part of Arsenal, but now there is not.”
Kokorin may still leave the club this January in order to impress Russia boss Leonid Slutsky, with making the national team for Euro 2016 his top priority.
The attacker only managed to register eight league starts from a possible 18 for Dyanmo this season, scoring four goals.