Rangers will not make another bid in the current transfer window for Hearts midfielder Jamie Walker unless the Jambos lower their asking price, according to the Evening Times.
READ MORE - Five things Craig Levein needs to do as Hearts manager
The Light Blues have made two bids for the 24-year-old this summer, both of which were rejected out of hand by Hearts, who are demanding £1million.
Rangers, though, are unwilling to spend that much on a player who is in the final season of his current contract and seemingly unwilling to sign a new one.
Pedro Caixinha will be expected to return with a move for Walker in January, where they can make a pre-contract offer.
READ MORE - Rumour Mill: Jason Denayer back to Celtic? | No Shane Long move for Celtic | West Ham eye Anthony Ralston