The former Chelsea defender was strongly linked with a return to London in a management capacity after Premier League strugglers Crystal Palace and Fulham parted company with their coaches.
The two clubs subsequently looked elsewhere - to Tony Pulis and Rene Meulensteen respectively - and Petrescu, who joined Dinamo in August 2012 on a three-year deal, has no intention of leaving his current job.
In comments reported by Dolce Sport, Petrescu is quoted as saying: "Offers have been made and will be. We'll see what is going to happen in the future.
"We had some discussions in England but I could not get there.
"I have a year-and-a-half on my contract with Dinamo Moscow. I've said it before and I repeat - I do not want to leave until either my contract expires or Dinamo fire me.
"If I want to stay here, it means I feel good here."