The Championship side were said keen on the former Inter Milan man.
The free agent could be set for a speedy return to football.
The Italian international is currently a free agent.
The free agent, who has one cap for the Italian international side, was released by Inter Milan recently.
The Italian international could still join Forest imminently.
The Argentine-born winger could arrive on loan or a free transfer.
All the latest summer transfer news from Serie A...