The report claims that seven clubs are currently keeping close tabs on the Turkish international left-back who has six-months remaining on his current deal.
Erkin has yet to extend his contract and would be available on a free transfer unless Fenerbahce renew terms with the 26-year-old.
The experienced full-back was reported to have agreed to a £4.2 million per-agreement deal with Inter according to the Express.
Erkin’s agent was however, quick to deny rumours that a an agreement with Inter had been reached.
Football agent Batur Altiparmak told Turkish-football.com: “There have been enquiries but no formal offers have been made and no deal has been struck.”
Erkin has experience playing abroad for Russian giants CSKA Moscow and is a seasoned Turkish international.
The Fenerbahce star has one goal and eight assists in 24 appearances for the Istanbul giants this season.