Is Carlos Hyde on the verge of getting traded? Not really, if you ask San Francisco 49ers head coach Kyle Shanahan who recently dispelled rumors that the team is thinking of trading the running back.

In a report by ESPN’s Nick Wagner, Shanahan categorically denied of this trade rumors following the team’s 26-24 loss to the Washington Redskins on Sunday.

“That is absolutely, absolutely 100 percent false,” Shanahan said. “There is nothing true about that.”

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The speculations about Hyde’s tenure in San Francisco probably snowballed after the 49ers cut loose veteran linebacker, NaVorro Bowman. In addition to that, Hyde’s snaps have fluctuated the past few weeks with rookie Matt Breida gaining increased involvement on the offense.

But even with a lion’s share of carries in the Niners’ backfield, Hyde leaves much to be desired, especially of late. While he played well in passing plays against the Redskins, catching five passes for 45 yards, he only had 39 rushing yards on 21 touches in the past two games.

Hyde’s rookie contract is set to expire next year, and by then, he’ll be an unrestricted free agent. The NFL trade deadline is on Nov. 1, so expect Hyde trade rumors to continue swirling up until that point.