The Turkish sports newspaper report that the Gunners have been scouting the Turkish international and that the North London based side could make an offer in the near future for the set-piece maestro.
Arsenal are not the only Premier League side to be linked with the Turkish intentional playmaker.
Manchester United have also been closely linked with the Bayer star but will have to part ways with £30 million to prize Çalhanoğlu away from Germany according to Tutto Mercato Web (via the Mirror‘s Aaron Flanagan).
The 21-year-old starred in the Crescent-Stars 1-0 victory over Iceland that booked Turkey a place in Euro 2016 last week.
The Turkish international is one of the most sought after players in Germany and already scored six goals and provided two assists in all competitions this season.
The Bayer star also has an incredible free-kick scoring record – 22 in the Bundesliga alone.