The 20-year-old superstar has been sidelined since round 21 after sustaining a hairline fracture in his right knee.
On Wednesday, Collingwood captain Darcy Moore said Daicos was "pretty close" to being declared fit, eight days out from the qualifying final against Melbourne on September 7.
Moore's comments came after Magpies coach Craig McRae this week left the door ajar for Daicos to play against the Demons.
But Peter Daicos predicts Collingwood will take a conservative approach with the Brownlow Medal fancy's return, especially given the minor premiers have earned the double chance in September.
"It's only a personal (view) but I don't think he will be playing," Peter Daicos said at the TAB finals launch on Wednesday.
"Had it have been an elimination final then there's a lot more thinking going into rolling the dice with that.
"But there's a bigger scalp to be had here and we've got to have our players trying to get to the end of the season.
"Maybe with 'Fly' (McRae) it's about keeping his spirits up and keeping him going, but he's doing the work and he's keen to get back."
Depending on Collingwood's qualifying-final result, Daicos will have had almost six or seven weeks off between matches if he returns in a semi-final or preliminary final.
"I've got no problems with that," Peter Daicos said.
"One of his good attributes is his hard running and if that came off a little bit he's still going to be up there.
"You've got the interchange and how he's utilised ... one of the things the coaches have shown is the management and positioning of their team.
"I can't see that being a problem."
Peter Daicos said "I cringe at times" about the level of external expectation on Nick, who is just 45 games into his AFL career, but noted the silky-skilled midfielder uses it as "self-motivation".
Daicos is an equal-favourite for the Brownlow with Western Bulldogs captain Marcus Bontempelli, despite missing the last three home-and-away matches.
"I would've loved (his chances) more had he have played the last three weeks," Peter Daicos said.
"(When it comes to voting) everyone has their personal slant of who had an impact and who did well.
"You'd like to think he's up there, he's had a fine year, but who knows where the voting will end up."
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