Legendary goalkeeper will not be moving to the Emirates Stadium this summer.
Real Madrid legend Iker Casillas has ruled out a move away from the Santiago Bernabeu.
The 31-year-old has been with Los Blancos his entire career, making nearing 700 senior appearances for the Spaniards.
But the shot stopper has failen out of favour under current head-coach Jose Mourinho and has not played a game since January, with Diego Lopez preferred between the sticks.
The Daily Mirror reported last week that Arsenal were hopeful of luring the 142-cap Spain international to the Emirates this summer.
But the World Cup and Double European Championship winning captain has insisted he will remain at his boyhood club “come what may”.
“My future lies at Real Madrid because I am under contract, I’ve been at the club since I was nine years old, this is my boyhood club and it’s where I want to be,” Casillas is quoted as saying by Marca.com.
Mourinho is widely expected to leave Madrid this summer, with several media outlets tipping the Portuguese to return to Chelsea but the goalkeeper refused to comment on the speculation.
“As for the coach’s future, you’ll have to ask him about that,” added Casillas.
Real crashed out of the Champions League this week after a 4-3 aggregate defeat by Borussia Dortmund in the semi-final, and have long since given up hope of catching Barcelona in La Liga.
But Casillas insisted the club must fight to end for the supporters.
“There’s nothing else left to say. Now we have to put it behind us, try to get as many points as possible in the league and give our all in the ‘Copa del Rey’ final.
“It’s going to be a bit different, because it’s at the Bernabeu, but it’ll be a great experience. We want to win it for our fans, who deserve something to cheer about.
“All I can say is that Real will be back next year, ready to challenge for the [Champions League] final and the trophy”.