The Italian defender will spend the rest of the season back out on loan at Empoli.
The Italian has been excellent in Serie A this season, to the point he even earned a call up to the full Italian squad under Antonio Conte.
The 20-year-old will not however be on his way to Arsenal now, nor is it likely he will in the summer - as Rugani has moved elsewhere.
He is staying in Italy, joining the Serie A champions and league leaders Juventus earlier today. The Bianconeri have reportedly spent €3.5 million to sign the remaining 50 per cent of the rights they did not own of the player in a co-ownership deal with Empoli, as reported by their official website.
They also confirmed he would remain with Empoli on loan for the rest of the season and had signed a deal to stay with Juve until June 2019.
Rugani has played 21 games for Empoli this season in Serie A.