Leicester City have announced that they have terminated the contract of former Kilmarnock midfielder Peter Canero "by mutual consent".
Canero had not played in the first team for eight months
The 24-year-old joined from Killie in January 2004 but has failed to impress in the English Championship.
Canero's time with Leicester has been blighted by injury and he made just 13 appearances for Leicester.
He had appeared set for a reprieve after his first apppearance in eight months, on Monday against Inter Milan.