Real Madrid have reportedly ceased their interest in Boca Juniors midfielder Rodrigo Bentancur.
Recent speculation had claimed that Los Blancos were close to signing the Uruguayan for a fee in the region of £7.7m.
However, according to Marca, Madrid president Florentino Perez has decided to pull the plug on the deal.
The 10-time European champions are due to be under a two-window transfer ban starting in the summer, and it has been claimed that Perez is keen to avoid giving the impression that the club are making panic buys.