Hull City have rejected a bid from Championship rivals Leicester for Cameron Stewart, according to Sky Sports News.
Foxes boss Nigel Pearson is looking to raid his former club for winger Stewart.
Pearson signed the former Manchester United youngster while in charge at the KC Stadium.
A new winger has been made one of the main priorities for Leicester in the January transfer window and it is thought Stewart is the number one target.
The 20-year-old winger has been in fine form since returning from a long-term knee injury.
However, Leicester's bid has been immediately rejected by Hull, who are keen to keep hold of their man as they push for promotion in the second half of the season.