The England U21 international damaged his left ankle in stoppage time of the penalty shootout win over Wolves on Tuesday, requiring treatment after attempting to block an Adama Traore cross.
The tricky winger was later seen leaving the ground with his foot in a protective boot, sparking fears he could be set for a lengthy spell on the sidelines.
However, manager Claude Puel said after the game that he was optimistic it wouldn't be too serious and that appears to be the case, with the aforementioned source claiming Gray is set for weeks, rather than months out.
Leicester's medical staff are thought to be confident that the injury is just a sprain, meaning he could be back in action after the next international break.
September 25, 2018