Valdes has confirmed that he will not be extending his deal with the Catalan giants, with his current contract due to expire in 18 months.
A host of names are being linked as his possible replacement including Manchester United's David De Gea and Jose Reina of Liverpool, but Chelsea man Courtois has also been touted as a possible candidate.
The Belgium international is currently in the second season of a loan spell at Atletico Madrid, where he has attracted many plaudits with a number of outstanding displays.
He has never played for Chelsea after joining from Genk in 2011, and was loaned straight to Atletico.
The player's father insisted that Barca had not made any contact with them.
"At this moment there is no contract with Barcelona," Thibaut senior told La Derniere Heure.
"A few days ago Thibaut had contact with the goalkeeper coach of Chelsea, who will soon report on his progress at Atletico.
"When this is done, we will work with Chelsea talk about his future."
His agent Christophe Henrotay added: "Thibaut will finish the season at Atletico. He belongs to Chelsea, we'll see later but there is no contact with Barca."