Jackett said: “It's not my position to talk about others clubs. But there hasn't been any approach to myself, or as far as I'm aware, the club, so there's nothing to say on it. It's not something that's come to me. I'm committed to Wolves and speculation is just that, speculation.”
Jackett was linked with the vacant QPR managerial job last week by West London Sport, with the Rs still hoping to sign a replacement for Chris Ramsey.
Neil Warnock is currently in interim charge at Loftus Road, and the West London club are hoping to hire a new boss in the coming weeks.
Jackett is a proven boss in the Championship, and although his Wolves team are somewhat struggling this term, he has shown just how good a coach he can be.
He plays exciting, attacking football, and since starting his managerial career properly - not including his time with Watford in the 1990s - he has not dropped below a 42% win percentage.
Clearly QPR believe Jackett is the coach who could take them back to the Premier League, but he has confirmed there have not yet been any approaches for his services.
The 53-year-old has admitted that his commitment is still with Wolves, and that any rumours of a move away from Molineux are just speculation in the media.