Lescott has fallen out of favour at City this season, although he did play the full 90 minutes of the 3-0 FA Cup third round victory over Watford at the Etihad Stadium.
QPR, Aston Villa and Lescott's former club Everton have all been linked with a move for the 30-year-old England international.
However, the player's spokesman has released a statement making it clear his client wants to remain with City.
"Joleon Lescott has ruled out the possibility of any loan move during the January transfer window," said the statement.
"Despite speculation linking him with several Premier League clubs, Joleon has no desire to leave Manchester City."