The 31-year-old is currently on loan with Santos – the club where he first made his name in his homeland – and had looked unlikely to return to the San Siro next season.
That assumption appears to have been all but confirmed, with MilanNews.It among those to report that the forward’s contract with the Rossoneri has been cancelled.
Robinho has scored five goals in 17 appearances for Santos since arriving on a temporary deal and will be free to sign a permanent contract with the Brazilian club come July 1st.
A Serie A title winner with two La Liga medals to his name, Robinho looked on course for big things at Real Madrid, having picked up the Golden Ball award as the best player at the 2007 Copa America, where he also finished as top scorer.
But a move to Manchester City just a year later proved to be the beginning of the end.
Though Robinho managed a steady 15 goals in 41 games during his first season at the Etihad, a solid return, he scored just once in 12 appearances over the following season, eventually leaving for Santos on loan.
He then returned to Europe with Milan, where he enjoyed a four-year spell of playing before heading back to Brazil.