According to Fabrizio Romano, Como president Mirwan Suwarso called his Inter Milan counterpart Giuseppe Marotta directly to lay out his club's position.
Suwarso made clear Como have no intention of pursuing Chalobah if Inter decide to make a serious move, wanting to preserve good relations with the reigning champions rather than force the price up further by competing against them. Como had already seen a €25m offer for the 26-year-old rejected by Chelsea in recent weeks.
Chalobah's camp are in talks with Inter, who are understood to hold the priority given the player's own preference for a move to Milan. Inter have, however, put the deal on hold for now while they focus on completing a transfer for Anan Khalaili to fill the right-back vacancy left by Denzel Dumfries' departure to Real Madrid, with the defensive reinforcement expected to follow once that business is resolved.
Should Inter formally enter the race, Como are set to switch their attention to Davinson Sanchez, who remains their leading alternative in central defence. The Galatasaray defender missed a penalty in Colombia's World Cup shootout defeat to Switzerland but is seen at Como as a well-defined option should Chalobah move elsewhere.
For Chelsea, selling Chalobah would also help fund a separate move for Crystal Palace's Maxence Lacroix, with the London club working to reshape their own backline this summer.
The episode is the latest in a series of crossed paths between Como and Inter in the transfer market, following the Nerazzurri's separate reported interest in Nico Paz and now Khalaili. Como are also closing in on a loan deal with Borussia Dortmund for right-sided player Yan Couto, one of several additions manager Cesc Fabregas is making as the club continues building on last season's return to established Serie A status.
Chalobah, an academy graduate at Chelsea, is currently away with England at the World Cup and is expected to resolve his club future once the tournament concludes.