The interim boss was said to be ready to sign Roman Pavlyuchenko from Tottenham Hotspur after a less then successful spell across London. And it was also reported that Roman Abramovich was read to bankroll a £40m move for Villa, who seems certain to leave financially-troubled Valencia.
But Hiddink, who is due to resume full-time duties as Russia coach once the English season finishes, has insisted he has no plans to sign his international striker from the White Hart Lane club or lead a move for Villa, top scorer at Euro 2008.
"I did not give any comment about Pavlyuchenko,'' said Hiddink. "I don't give any comment on players with other clubs.
"Harry Redknapp knows exactly what to do with his players. He is a respected professional. Pavlyuchenko is with Tottenham and I hope that he will fight to get his position at Spurs. That is important for himself.
"If you want to survive in England you must keep on fighting and get your position.''
When asked if the club were interested in Villa, Hiddink replied: "No, there is no indication of that.''
Hiddink will ask his players to forget their 3-1 Champions League victory over Liverpool in midweek and concentrate on keeping their title dreams alive against Bolton Wanderers.
"Tomorrow [Saturday] we have to be fully concentrated, it is not easy, but we have emphasised that in our team meetings,'' said Hiddink. "Bolton will not be an easy game because they know we had a tough match on Wednesday.
"We have to focus on it being difficult and our concentration will be the key. I hope we don't need an alarm bell to start ringing before we start playing well.''
Hiddink is likely to make minor adjustments to the side for the visit of Bolton but will resist the temptation to rest a host of players.
"You must always be careful with temptations, professionally, and I think we still have to focus on the league,'' said Hiddink. "We have some little problems which might give me an opportunity to rest some players. But as long as we are in the race for the title, it is difficult.
"We must not drop any points. It is a difficult but reachable goal. When you are on top and have a game in hand, you have a luxury but you must be aware that you can stumble. It puts more pressure on the chasing teams like us and Liverpool because you cannot drop any points.''
Hiddink remains adamant that he will leave the club at the end of the season, irrespective of any success.
The clamour for him to stay is growing among the supporters, particularly after their win over Liverpool, but the Dutchman insists he owes it to the Russian players to finish his task with the national side.
"I have my contract with the Russian Federation and I do it wholeheartedly,'' said Hiddink. "We started two years ago with Russia and they are young and ambitious players.
"The moral standards in our business is sometimes going up and down but I owe it to the players to go to the end, which can be qualification or not. I am going to stick with them.
"There has been no discussions about me staying because we all knew the situation when I arrived. Nothing has changed and we don't have to talk about it.''