The former Manchester United man did return to the team in March, going on to make nine appearances, but the 23-year-old doesn't feature in Paul Jewell's first-team plans.
Wolves did have an offer accepted but Jones decided against a move to Molineux after holding talks with Derby's Championship rivals.
Jewell told the Evening Telegraph: "We agreed a deal with Wolves for David Jones but he's rejected it. As far as I'm aware, I don't think they could agree (personal terms)."




