Ulloa commands he feels betrayed by Claudio Ranieri and will not play for the club again.
Ulloa has been a incidental figure at Leicester this season, starting only once in the Head of state League, and he handed in a transfer request last week in an effort to persistence his exit.
The Foxes knocked back a £7million offer from top-flight rivals Sunderland on Monday, which has nettled the Argentinian.
He wrote on Twitter: «With all respect for LCFC FANS. I strike one betrayed by Ranieri and let down by the club. I will not play again for them…»
Spanish side Alaves had a £1.7million bid round down earlier this month while Ulloa has also been the source of a loan offer from Turkish giants Galatasaray.
The 30-year-old, whom Leicester bestowed a then club record £8million to sign in July 2014, supposes he is being denied the chance to rebuild his career elsewhere by Ranieri.
Ulloa united on Sky Sports News: «The manager’s been telling me for the last two weeks that if an put on the market of around £4million to £5million was arriving to the club, he would help me to bar.
«My understanding at this moment is that these offers are around those moulds or even bigger that are not being considered so after what Ranieri has been effective me for weeks, today he tells me that he wants me to stay.
«I can’t understand the case or why they don’t let me continue playing my football somewhere else. If I stay at the bludgeon it’s going to affect seriously my career and my future.
«They know I’m not prevalent to be used. The best thing for both parties is that they deal in me to another club and I can continue playing my football somewhere else.»
Ulloa repaid 11 goals in 37 Premier League appearances in his first occasion in the east midlands but has been behind Jamie Vardy and Shinzi Okazaki for the final year and a half — although he still found the net six times in Leicester’s title-winning 2015/16 age.
Ranieri, speaking earlier on Monday to preview Leicester’s clash at Burnley, divulged he understands Ulloa’s frustrations but wants him to remain at the club.
He said: «I have knowledge of he is very, very anxious but we don’t change our mind.
«For us it’s important. We don’t want to put across him. Also I don’t want to because I have just (Islam) Slimani as a butt man and I need another target man.
«I want Leo here and I hope he can be calm and interpret my position. Of course he’s not happy and I understand him.»