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Yes, Inter have finally abandoned any negotiations with Lukaku and now they are trying to negotiate with Folarina Balogun from Arsenal. The striker spent last season on loan at Reims, but now Arsenal are planning to sell their striker for at least 30 million euros. This is more expensive than Inter planned to spend on Lukaku, but they will probably go for it, as they consider Folarin to be a more promising striker. I think Lukaku will have other options and Saudi Arabia will not be his only choice.
Folarin Balogun is a good striker for Inter Milan because he is still young anyway, if Inter can get his services so I think then Inter have another promising young striker for the future, although Balogun rarely played for Arsenal but when he played at Reims he has impressive statistics. But I heard another rumours Arsenal are asking for a fee of 50 million for the transfer of this player, now Nerazzurri are focusing on bringing in Gianluca Scamacca from West Ham rather than Balogun because his price is too expensive.