No. Ana Laura, am I right in thinking you're a Spanish speaker? I don't speak Spanish, but 9 times out of 10 it's similar to Italian and in Italian the translation for "report to the police" is "denunciare". If it's similar in Spanish, then you're being fooled by a false cognate.
If my house is burgled, or someone steals my car - then I report it to the police.
Report is a purely descriptive, neutral term to describe going to the police station and making a formal complaint. Not even to the police - it could be any authority. For example, I might report a gas leak to the gas company, or report a student for cheating to the school principal. It just means "tell the authorities about".
Denounce, on the other hand, a) does not necessarily mean you tell the authorities. I could denounce someone on my blog - it has more the general meaning of
accuse. But b) and more importantly it is not neutral - it has far more ideological connotations. Here are some examples from the
Collins Concordancer - if you look at them you'll see that in each there is the idea of moral indignation - of something being considered ethically/morally unacceptable by the accuser:
Islamic Jihad has denounced as a traitor Mr Faisal Husseini, a ...
People are denounced, spied on, arrested on the word of someone ...
Communist journalist, Whittaker Chambers, had denounced him as a fellow-Communist and a Soviet spy.
The prophets, such as Amos, denounced the rich, those who ground the faces of the...
Tondini then denounced contemporary scientism, materialism and ...
His absence was denounced as uncivilized in a thunderous editorial in ...
He denounced the anti-Semitic sentiments which found ...
... parents equally but sat with her father and denounced her mother's possessiveness, ...
...the African slave trade. Although it has been denounced by respectable academics, the sect ...
White critics have been denounced as brainwashed racists clinging desperately ...
Inspectors had denounced poor teaching, bad exam results, unruliness ...
Insurgents denounced the misery caused by unemployment, low ...
Hope that helps.