The 25-year-old has enjoyed a solid campaign so far, helping the club reach the semi-finals of the Champions League.
He has made 32 appearances in Serie A this season so far and his performances have caught the eye of Liverpool and Real Madrid.
Reports in Italy claimed Liverpool opened talks in February but Pallotta is adamant the club will not be letting him leave this summer.
‘We have no intention of selling him,’ he told Sky Sports in Italy.
‘I mean zero at all. I’m sure some people will probably come in with some bids, but I don’t have any interest in selling him, he’s a great goalkeeper.
‘When we got him, I thought the same thing and as far as I’m concerned, I mean no.’
Massimiliano Allegri says Juventus still have the advantage in the race for the Serie A title this season.