No bid has been lodged as yet by Scunthorpe for the 21-year-old, according to BBC Radio Humberside, who had a loan spell with Lincoln after falling out with Crewe boss Gudjon Thordarson last season.
Morning reports from Gresty Road suggested the Chesire club are looking for £250,000 plus add ons.
Hibernian and Lincoln are also tracking the tenacious central midfielder with a view to a permanent deal.