Hoilett was being talked as a possible loan option for both Stoke City and West Bromwich Albion, whilst Sunderland were also credited with an interest.
However, the Canadian-born winger is not going to be leaving Loftus Road - despite the links - according to chairman Tony Fernandes.
"Junior Hoillet [sic] not going anywhere," Fernades Tweeted.
"He's is a key player for the future. Needs a good run in the team."