The Blues boss left Eastlands an angry man on Thursday night, raging at Dynamo Kiev and Balotelli, who was sent off as City crashed out of the Europa League.
"I don't think he will be in the squad," said the Italian as he looked ahead to Sunday's game against Chelsea.
"I didn't see the foul properly but I am very disappointed because in a game like this it is very difficult if you pick up a red card, and you can pick up a red card for doing something stupid.
"The problem for Mario is that he thinks he could be a fantastic player. But when he does something stupid like that, it is difficult for me, difficult for him and difficult for the team."