Speculation regarding the Italy international's future has intensified on the back of his omission from City's matchday squad for Sunday's 2-1 victory over Tottenham Hotspur.
Balotelli was forced to watch on from the stands as fellow forwards Sergio Aguero and Edin Dzeko found the target for the reigning Premier League champions.
It is now being suggested that the 22-year-old is ready to cut short his time in England and head home, with former employers Inter Milan said to be keen on reacquiring his services.
Balotelli is, however, contracted to City until June 2015 and his representative claims his client will see out that deal and force his way back into Roberto Mancini's plans.
"There's no Italy and no plans to go there," said Mino Raiola.
"He'll work until the end of his contract. He doesn't want to leave.
"There's no player happy with not playing in a game, but he accepts it.
"It's all part of the game. It doesn't mean he wants to leave Manchester."