Warne was reacting to media reports quoting him saying "I am very expensive, I don't think they can afford me".
"Re Indian coaching position. I was in a lift & was asked if I would put my hat in the ring I said "India can't afford me" tongue in cheek," he wrote on Twitter.
Also Read
It is not the first time that Warne has been linked to the India coach job.
Last April, Warne had expressed interest in working with the Indian team.
Current head coach Anil Kumble's one-year contract expires at the end of Champions Trophy and BCCI invited applications for the position despite India doing well under Kumble in the last 12 months.
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