The 21-year old already has 20 goals in all competitions to his name this season.
It's been a quiet transfer deadline day so far, although Andre Schurrle has agreed terms with Bundesliga side, Wolfsburg.
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He's set to leave Chelsea, to make room for the incoming Fiorentina winger, Juan Cuadrado – however neither deal has been confirmed.
Leicester are the first Premier League club to complete a deal – they've signed defender Robert Huth on loan from Stoke until the end of the season.