The 27-year-old star said although the wrestler-turned- actor will be the perfect choice as the villain in the film franchise, he is not a part of the forthcoming third installment, according to The Hollywood Reporter.
"I know who the character (villain) is and it's nothing like this actor, but I love Dwayne Johnson.
"I think he's the right fit for it, but the villain role Matthew Vaughn has described to me is not Dwayne Johnson," Egerton said.
In May, director Vaughn had revealed that he had already started planning for "Kingsman 3".