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.
Age UK team will be on hand to help more pensioners in Leicestershire this winter
The council has said that recent figures show that 6,500 Leicestershire residents are at risk of missing out on pension credit.
Selfless youngster wins competition to switch on Loughborough’s Christmas lights
The news was broken to Felicity by the Mayor Charnwood at a surprise assembly at her school.
Bus with schoolchildren on involved in collision on A46
10 people were taken to hospital.
Passengers issued warning due to road closure around East Midlands Airport
The closure will impact people travelling for early morning flights.
Festive events near you this Christmas
Towns and villages across Loughborough, Charnwood and North West Leicestershire are preparing to switch on their Christmas lights.
Poignant service held in Loughborough on Remembrance Sunday
Thousands of paper poppies were scattered from the top of the tower during the two-minute silence.
Family to take on charity walk to honour mum who died of cancer
So far they have nearly raised £1,000.
Major regeneration scheme completed in Shepshed
In Market Place, a larger pedestrianised area was created with pavements widened in some areas.
Heavy Rain
16°C
Sunny intervals
11°C
Sunny
9°C
Light rain shower
6°C
Sunny intervals
6°C
11:00am - 2:00pm
Dave has Just Great Music for Sunday Lunch
2:00pm - 4:00pm
Totally 80's: Gary plays the music and speaks to the stars from the decade of big hair and big shoulder pads!
Video Killed The Radio Star
The Buggles
Hot To Go!
Chappell Roan
The Edge Of Heaven
Wham!
I Turn To You
Melanie C