The 20-year-old attacker came up through the Bucs reserve team and has been an integral part of the team since making his debut in the 2022/23 Betway Premiership season.
Last term the youngster played 49 games in all competitions, scoring 12 goals and creating 15.
Reports this week suggested the Dutch giants had submitted a mammoth R120-million offer for the player.
But a Pirates statement has cleared up the matter, with the club posting: "Orlando Pirates Football Club has taken note of the article published by SoccerLaduma.com on Tuesday, 16 July 2025, titled: R120m For Mofokeng? How PSV’s Linked To Pirates Sensation.
"We wish to place it on record that no such offer has been received by the Club.
"The claims made in the article are not only false but also irresponsible and damaging.
"As a publication with a long-standing history in South African football, Soccer Laduma is expected to uphold the highest standards of journalism rooted in fact, accuracy, and responsibility. Unfortunately, in this instance, they have chosen sensationalism over truth.
"This type of reporting is not only misleading to the public but also serves as an unnecessary distraction aimed at unsettling both the player and the Club at a critical juncture in our preparations for the upcoming season.
"Orlando Pirates remains committed to the well-being of our players and will continue to act in their best interests. We call upon all media outlets to refrain from publishing unverified reports that seek to create instability for the sake of clicks."