Leicester manager Brendan Rodgers praised the growing maturity within his team as they came from behind to add further damage to Liverpool's current problems.
Goals from James Maddison, Jamie Vardy and Harvey Barnes, allied with a little help from VAR and a lot more from Reds goalkeeper Alisson turned a potentially frustrating defeat into a thrilling late victory.
And it was in sharp contrast to the same fixture on Boxing Day last season when Liverpool handed out a 4-0 thrashing on their way to the title.
The Foxes now sit six points clear of Jurgen Klopp's team as they battle for a top-four spot and Champions League football.