The striker has failed to shine at the Allianz Arena since moving from Cologne after the 2006 World Cup, netting just four times in the Bundesliga.
The 22-year-old, whose contract runs until 2010, has been in and out of the Bayern side since his arrival and is thought to be growing increasingly unhappy over his lack of first-team football.
Rummenigge confirmed Podolski has attracted the interest of City boss Sven-Goran Eriksson, but insisted the frontman would be going nowhere in the transfer window.
"It is normal that some clubs are interested in our player," he told www.setantasports.com.
"We are speaking about a Germany international. We have received an offer for Lukas but he will be there for the second half of the Bundesliga season.
"Our next manager Jurgen Klinsmann has communicated to us a list of the players that are going to be part of his project, and Podolski's name is included.
"Podolski has been under-rated; he is worth much more money. Manchester City are one of the clubs interested but for us this file is closed."
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