Palmeiras are said to be in negotiations with the Ibrox club designed to take the left-back to his homeland just just a year after he came to Scotland.
The top flight side recently sold Vanderlan to Red Bull Bragantino and see the 21-year-old has the ideal replacement, according to UOL.
The report claims Rangers could commande up to £5 million for a player they signed for just £680,000 from Fluminense last May. He had just been on loan with APOEL in Cyprus prior to that.
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It is also suggested clubs in England are keeping close tabs.
Jefte is contracted to Rangers until 2028.
He has started the last two matches, the win over Viktoria Plzen and draw with Dundee, having previously been kept out of the team by right-back Max Aarons.