Madrid, who sold Angel di Maria and Xabi Alonso last week, have been linked with a move for Monaco striker Radamel Falcao while there was speculation on Sunday they were looking to bring in Mexico international Hernandez on loan.
However, neither Madrid coach Carlo Ancelotti nor director Emilio Butragueno were giving anything away following the team's shock 4-2 Primera Division defeat at Real Sociedad on Sunday night.
Ancelotti, whose side led 2-0 after 11 minutes against Sociedad only to leave Anoeta empty-handed, said: "This defeat changes nothing regarding the transfer market. It's our problem, of concentration. We have to work much harder not to make these mistakes.
"Something has to change and it's going to change."
Meanwhile, Butragueno, the director of institutional relations at Madrid, said: "There are 24 hours left and if there's something new Madrid will announce it. There's nothing to add or deny."