Kanu has denied the Sunday newspaper report that said he was poised to ask for a move because he was unhappy that the Gunners boss Arsene Wenger had not played him more often this season.
He also added that he is keen to stay at the club and battle for a place in the starting line-up.
He said: "I never said what was reported in a Sunday newspaper.
"I'm very happy at Arsenal, I love the club and the fans and like everyone else in the squad I know that I have to fight for my place."