The Cameroon international was linked with a move away from Spain over the summer following Betis' relegation from the Primera Liga.
A switch to England was widely touted, with a number of clubs reported to be tracking his availability.
No move materialised but speculation has once again suggested that Premier League sides could move for Emana in January, with the Trotters and Rovers said to be weighing up bids in Janaury.
The combative midfielder met with Betis president Jose Leon this week in an effort to clarify his situation and insists he is now prepared to remain at the club.
"The rumours are over," he said. "I have spoken with the club and we have decided to continue with our relationship.
"I am determined to help Real Betis return to the Primera Liga.
"Everyone is pulling in the same direction and I am very happy with this decision."
Emana admits he was contacted by interested parties over the summer, but claims none of the offers of the table were tempting enough to lure him away from Betis.
"I did receive a number of offers from foreign clubs, but they were not interesting enough for me to make a change," he said.