The director was famously fired from Dabanng by producer Salman Khan.
He told DNA India: "I don't know who is circulating this information which is absolutely false.
"I am meeting a lot of people for my next film; that does not mean that all would be translated into films and everybody would be part of it."
He said that he has not ruled out any names yet, adding: "When the time comes, I will reveal the name."
Ranbir Kapoor was last seen in the title role of music industry melodrama Rockstar.
The actor recently said that his father inspires him to do more challenging roles.