Kelechi Iheanacho will not be loaned out in the January transfer window as speculated before his improved form.
There was report in November that Iheanacho is among seven players that may likely leave the club in January.
However, Leicester City manager Brendan Rodgers has revealed that no player will be sold in the January transfer window.
The development also follows speculation regarding in-form midfielder James Maddison, who has been linked with a move to Manchester United.
"There'll be no-one leaving in January - categorically," Rodgers said.
"I'm sure if we speak [to the club's board], they will have the same message."
Iheanacho found his form again and has scored two Premier League goals in two appearances this season.
The Nigeria international has scored four goals in four matches in all competition for Leicester City, and will now remain at the King Power Stadium till the end of the season at least.