The Red Devils signed Rojo in the summer of 2014 for a fee of £16m, as per BBC Sport.
The aggressive defender has struggled with injuries over the last couple of years and has fallen down the pecking order at centre-back.
Rojo made just nine appearances for Ole Gunnar Solskjaer’s side in the first-half of the season and was subsequently loaned out to boyhood club Estudiantes in January.
The 30-year-old has made just one appearance since returning to his homeland but with the ace fit, it’s reported that the Manchester outfit are now set cash in on his services.