Milan vice-president Adriano Galliani was in Rio earlier this week to negotiate a potential January exit from the San Siro for the 28-year-old, who looks set to end his time in Italy.
Flamengo were keen to take Robinho back to Brazil, but their offer of six million euros was not enough and Galliani returned to Milan without a deal being agreed.
The Brazilian club now say they have no intention of increasing their offer and it seems like the former Manchester City star’s future remain up in the air ahead of the new year transfer window.
A statement on Flamengo’s official website read, “Flamengo directors Wallim Vasconcellos and Flavio Godinho met on Monday afternoon with Mr. Adriano Galliani in an attempt to bring Robinho to the club.
“However, because of the amount requested by Milan, the club believes it is appropriate to abandon the deal and step aside.”