The 23-year-old was the subject of strong interest from Barcelona last term, but he ultimately stayed put in San Siro and chalked up 17 goals en route to the 2020-21 Serie A title.
With Arsenal duo Alexandre Lacazette and Eddie Nketiah both facing uncertain futures at the club, the Gunners are rumoured to be plotting a move for Martinez and could supposedly use Hector Bellerin as part of a deal.
However, Sportmediaset journalist Marco Barzaghi claims that Martinez is not interested in a move to the Premier League and is only prepared to head for the San Siro exit door for La Liga.
Barcelona, Real Madrid and Atletico Madrid are thought to be the only clubs that could tempt Martinez with a move away from Inter, where he remains under contract until 2023.
The Argentina international also netted three goals for his country during their triumphant Copa America run, and he boasts a total of 49 strikes from 132 appearances for Inter.