PSG sources in Paris told AFP earlier that the Argentinian international could be headed to France after an agreement for a three-and-a-half year contract had been reached.
However a City spokesman said the report was without foundation.
"It's just not true," the City spokesman told AFP. "Manchester City have not received a bid for Carlos Tevez from Paris Saint Germain."
Tevez has been in the wilderness at City ever since a spectacular bust-up with manager Roberto Mancini in September following his apparent refusal to come off the bench in the Champions League defeat at Bayern Munich.