Cheryshev had been linked to a host of other sides around Europe as well but the Primera Liga side released a statement saying that he has extended his contract at the Bernabeu.
The club statement said: "Real Madrid CF announce that Denis Cheryshev has extended his contract and he will remain with the first team for the next four seasons."
The midfielder, who has been used as a full-back by Carlo Ancelotti, spent last season playing for Madrid's second string, Castilla, where he scored 11 goals and provided eight assists.
Via: La Liga: Cheryshev Denis pens new Real Madrid deal
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