The Germany international joined the Gunners in a €12 million deal from Koln last summer and he enjoyed a bright start to his career at the Emirates.
However, he was recently relegated to the bench by Arsene Wenger and he now fears for his Arsenal future.
“Lukas is very happy at Arsenal, he loves the fans and enjoys living in London but he is increasingly worried that Wenger may have a problem with him,” a source close to the player told The Sun.
“He is frustrated at not playing for such a long time. He is an experienced player and he wants to play football.”
Lukas Podolski has managed to justify his price tag by scoring 8 goals and setting up another 9 in 26 Premier League appearances, but it appears that he is no longer considered an important member of the side.
The 27-year-old could be sold in the summer as Arsene Wenger prepares a major squad overhaul, with Atletico Madrid and Juventus reportedly keen.
Podolski has in turn lost his starting place in the national team as well, as he has yet to start a match in the 2014 World Cup qualifying campaign.