The carefully edited video, entitled 'Danny Rose is lying to whom?', shows incidents from the match where Rose touched the ball but does not contain any footage from the last 14 minutes or the unsavoury incidents at the end of the match when monkey chants were clearly audible.
The video was published under the user name "Fudbalski savez Srbije" – which is the domestic name for the Serbian Football Association.
The Serbian FA's official website is linking to the video and the video also provides links to their Facebook and Twitter pages.
In the description of the six-minute long video, which is published in both English and Serbian, the Serbian FA reminds viewers that Rose was quoted as saying "every time I touched the ball, they were doing the monkey chanting again."
The Serbian FA claims the video shows that "there was no unsportsmanlike cheering and insulting opposing players on racial grounds."
Rose said of the events in Krusevac: "It started when we went out for the warm-up and over the opposite side to the bench. They started monkey chanting straight away and I asked the lads if they could hear it. They said they could hear it.
"In the first half, when I went to get the ball for a throw in, the fans were starting again with the monkey chant but the first half was nowhere near as bad as the second half. I had two stones hit me in the head when I went to get the ball for a throw in."
UEFA has opened disciplinary proceedings against the FA and their Serbian counterparts following the chaotic scenes.
The Serbian FA has been charged with the alleged racist chanting by fans, and both associations over the behaviour of players at the end of the stormy encounter which saw violent scenes after the final whistle.