The Nigerian full-back has failed to settle since joining the Serie A giants from Marseille in the summer and it is rumoured that Liverpool and Newcastle United have been monitoring developments.
But the player's agent Fabio Parisi dismissed suggestions that he may move to the Premier League in the transfer window.
"There is no truth in this," he said.
"It is not part of Taye's plans to leave Milan in January. The player is relaxed and has no problems with the coach.
"It's normal that he would want to play more minutes like any player, but I repeat that there is no contact with any other club."