Hector Bellerin has been linked with a move to Barcelona in the Spanish press this week.
Newspaper Sport claimed representatives from Arsenal and Barca had held negotiations for the 21-year-old.
A £35million fee was reportedly on the table to bring the defender back to the Nou Camp where he began his career as a youth player.
However, Arsene Wenger has dismissed the claims, saying Bellerin is going nowhere in the summer.
“No. We have just extended his contract,” Wenger said.
“He has an unbelievable amount of years to go.”
The Spain international is tied to the Emirates until June 2023, having singed a new deal last November.
And speaking after he put pen to paper on the contract, Bellerin claimed his long-term future would be with the Gunners.
“Hello everyone, sorry to keep you guys waiting, I had a very big meeting next door,” he said in a video posted on Twitter.
“I just wanted to say that I just signed my new deal with the club, so I’m really, really, really happy.
“As you know, I’ve been here for a long time, I feel like this is my home and that was the right thing to do.
“So, I’m very happy to still be a Gunner for many more years.”
