The Argentine had been an ambitious target for Brighton.
Jonathan Calleri has fast become one of the most wanted players in European football.
The Argentine striker left Boca Juniors in the New Year in an odd move. He joined Uruguayan second division side Deportivo Maldonado after his registration was purchased by a group of investors. Big teams from England and Italy were also being linked with his signature.
But Brighton and Hove Albion had been surprisingly linked with pulling off a coup.
The Argus is reported that Brighton remained heavily interested in a move for the Argentine despite the presence of Chelsea, Tottenham and Inter Milan in the waiting room.
It was reported by Argentine paper Ole a few months ago that Brighton were keen and Calleri still remained one of the talks of the town.
Brighton are a team on the up and they felt that Calleri could help them go on to the next level.
But photos published today can now confirm that Brighton are not going to be getting their hands on Calleri.
The Argentine talent has joined up with Brazilian side Sao Paulo on loan from Maldonado, with an agreement to join Inter Milan in the summer - after the Italian club acquired his permanent transfer this week.
Brighton however should not be put down by this experience and should continue to be as ambitious in the transfer market.