KRC Genk are not ready to listen to any offers for their Greek striker.
Greece striker Nikos Karelis jumps for a header
Voetbal Nieuws is reporting that KRC Genk have made it clear there has in fact been no approach whatsoever from the Championship side for their striker and that he is not for sale this summer at any price.
If this is the case, it is questionable just how interested Forest really were.
Panathinaikos striker Nikos Karelis (C) is challenged by Midtjylland goalkeeper Jacob Haugaard during a Europa League game
It was reported by the Nottingham Post, citing Greek reports, that Forest were ready to pay a club record €7 million (£6 million) to sign the Greek international this summer.
Of course the Belgian side were always likely to be reluctant to sell. They only purchased the player from Panathinaikos in January and he scored 10 goals in 18 games since.
Apostolos Vellios celebrates scoring for Everton
Forest have already signed one Greek striker this summer. Apostolos Vellios, a former Everton striker, arrived from Iraklis earlier in the summer. However, it looks as though he will not be joined by his international colleague in the near future.
Forest have so far signed just one other player, Finnish defender Thomas Lam from PEC Zwolle.
England's Wilfried Zaha in action against Finland's Thomas Lam