He hasn't figured for the Foxes' first team in over a year, and has been out on loan to Brighton, Swindon and recently Hull City, where he played 13 times in the Tigers' successful promotion bid.
City are expected to offer him a permanent contract in light of this news, with Peter Taylor revealing a week ago: "I want him to come. There's no doubt about that. I'd like him here next season."
Taylor has previously managed the player at Dover Athletic, Gillingham and Leicester so is obviously a keen admirer of his talents.