The France international has been strongly linked with a return to Ligue 1 with Paris Saint-Germain, while Manchester United and Tottenham Hotspur would reportedly welcome the opportunity to keep the midfielder in England if the transfer door is opened.
Pardew has no intention of offering hope to Cabaye's suitors, though, with Newcastle reluctant to part with another star performer towards the end of a transfer window - leaving them with little time in which to land a replacement.
They are aware that interest in their prized assets could mount before deadline day, but for now they are hoping to reach 3rd September without any movement on the departure front.
Pardew told the Evening Chronicle on Cabaye and a possible late switch: "That's a worry.
"We've had that before with Andy Carroll and it was a tricky time to lose Andy when we did. We managed to overcome that. But you don't want to make it a habit.
"For me, of course I want to keep him.
"If one of the big clubs comes with a massive offer we will have to react to that.
"As it stands at the moment there have still been no offers. He remains our player and myself and the fans would love to see him stay come September 2, and still be in a black and white shirt."
He added: "The speculation about Cabaye is right.
"He's a top player and I wouldn't expect no less. It's good for his confidence.
"He's not caused me one problem and he's worked really hard. His professionalism has been brilliant and our fans need to know that."