Striker Eddie Nketiah will stay in Arsenal for the rest of the season instead of lending again.
The 20-year-old was linked to a loan movement next to the Bristol City Championship after being removed from a loan period in Leeds United earlier this month.
Nketiah only started two league games for Leeds, although he scored five goals in his spell on Elland Road.
Arsenal do not have top scorer Pierre-Emerick Aubameyang for the next three games by suspension.
The Gabon striker, who has scored 14 Premier League goals this season, was shown a direct red card in a 1-1 draw against Crystal Palace, and the Gunners failed in their attempt to overturn their three-game ban.
Alexandre Lacazette scored six times for the Gunners in 2019-20, and record signing Nicolas Pepe has only scored five goals, although there have also been eight goals in all 18-year-old striker competitions Gabriel Martinelli.
Nketiah went through the Arsenal Academy and scored three goals for them: two in a 2-1 victory in the fourth round of the League Cup over Norwich in October 2017 and one in a 3-1 victory over Burnley in May in their last league match. 2018-19.
Arsenal is tenth in the Premier League, in the fourth round of the FA Cup and in the last 32 of the Europa League.