Reports have suggested that the 24-year-old could follow Pep Guardiola to the Etihad.
Thiago told Bild: “There are always a lot of rumours. It’s a fact that Guardiola is joining Manchester City and we have to respect that. But there is no truth in the rumours saying I will follow him.
“I would not have signed a new contract had I wanted to leave the club. I extended my contract for a reason.
“I am loving life here in Munich. I am enjoying the city and life here in general.”
Thiago’s current contract at Bayern Munich is set to expire in 2019.
