The Uruguayan forward fired Napoli back into third place in the Serie A table courtesy of a fine hat-trick in a 4-1 win over Roma, furthering his reputation as the envy of a host of top European clubs by bringing up his 20th goal of the season.
De Laurentiis has admitted rejecting a 55million euro (£45million) offer for Cavani from an unnamed club in the summer but revealed the 25-year-old does have a 63million euro (£51million) release clause in his contract.
City striker Balotelli has been mentioned as a potential makeweight should the Barclays Premier League champions look to bolster their forward line with Cavani, but De Laurentiis has other ideas.
Aurelio De Laurentiis: "City are considering letting Balotelli go so they can move for Cavani? I would prefer to see Balotelli playing with Cavani here at Napoli.
"Teams tend to hold onto their best players in January. You take a big risk making big investments now.
"There is still time for us to bring in new faces but we must be cautious. On January 31 you will see what moves Napoli have made.
"Are Napoli back on track? I say we have 39 points, 10 more than we had this time last year, because I'm not counting the two they took off us as a punishment.
"I think we'll get those points back and hopefully we'll get another 10 points on the pitch soon. Other teams have had a bad round and we can think about taking advantage.
"Napoli will definitely fight right until the end."
Source: Manchester City MAD