The German playmaker's future at the Emirates has been under huge speculation.
No agreement has been reached over a new contract, and now it appears an exit is inevitable.
According to the Daily Mail, Ozil has shocked Arsenal by rejecting a new £200,000-a-week deal.
Alexis Sanchez is already reportedly quitting the north London club this summer, meaning Arsene Wenger's two best talents likely to be sold.
Mesut Ozil is said to have snubbed a pay rise worth more than Alexis Sanchez's £180,000-a-week offer
Arsenal players out of contract next year
Wed, March 8, 2017
Express Sport takes a look at the Arsenal players who are out of contract in 2018
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Click to reveal the second Arsenal player laughing during Bayern Munich defeat
They are not the only two though, with an exodus set to happen at the end of the campaign
They are not the only two though, with an exodus set to happen at the end of the campaign.
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Alex Oxlade-Chamberlain is the latest to seriously consider his future with the Gunners, despite his current popularity among fans amid the animosity.
The versatile winger has just 15 months remaining on his contract too.
Talks are yet to begin with Jack Wilshere, with the midfielder on loan at Bournemouth.
The England international's tied down until just 2018.
Summer signing Lucas Perez and goalkeeper David Ospina are also seeking an exit due to their lack of game time.
There is still hope with Mesut Ozil as a line of communication remains open over a new contract.
But as it stands, the Daily Mail claim Arsenal are ready to listen to offers to avoid losing the ex-Real Madrid man for free in a year's time.