Although the body has yet to be formally identified it is believed to that of 46 year-old Vasu Pangaluri.
Officers were alerted to a body in the canal near Bulkington Road at 8:25am on Thursday 25th February.
Mr Pangaluri was reported missing by his family on Wednesday 24th February.
While the case is still being treated as 'unexplained', it is not believed to be suspicious.
During their investigations police also had to appeal to drone pilot to stop flying his device over the scene.
A Loughborough Business man convicted with two others over PPE Fraud in US
Three fraudsters have been convicted following a National Crime Agency investigation into a multimillion-pound PPE fraud
Fire Crews Prevent Wildfire Spread in Normanton
Firefighters called to Normanton successfully contained a large hay bale fire from spreading at Elm Farm in Normanton
Police Appeal After Indecency Incident in Whitwick
Leicestershire Police are appealing for the public's help to identify a man they wish to speak to following a report of indecency at premises in Whitwick earlier this year.
Jeremy Monga leaves Leicester City to complete £10m Manchester City transfer
Leicester City youngster Jeremy Monga has completed a permanent move to Manchester City in a deal worth £10 million plus add-ons,
£1,000 Fine Issued After Fly-Tipping Investigation in Thurmaston
A fly-tipping investigation by Charnwood Borough Council has resulted in a £1,000 fixed penalty notice after officers identified an offender using evidence found in dumped household waste near Cemetery Road in Thurmaston.
Lioness gets honorary degree in Loughborough
England football icon Jill Scott MBE has been awarded an honorary degree by Loughborough University in recognition of her outstanding contribution to sport and women's football.
Rapist jailed for 34 years after attack in Loughborough
A man has been jailed for 34 years after being convicted of attempted murder, rape, sexual assault and robbery following an attack on a canal towpath in Loughborough.
East Midlands Railway urges essential travel only
East Midlands Railway is advising customers to travel only if essential for the rest of the week, as high temperatures are expected to impact rail services across the region.
Sunny intervals
27°C
Sunny intervals
22°C
Sunny intervals
23°C
Sunny intervals
25°C
10:00am - 2:00pm
Michelle has your workday playlist sorted
Watching You Watching Me
The Shires
Black Eyed Boy
Texas
I Feel Love
Donna Summer
If U Go
Belinda Carlisle