His identity has been revealed

The 20-year-old was found collapsed with stab wounds just after 5pm on Tuesday evening, in Oxford Street on the De Montfort University campus.

Police closed a number of roads in the city in the early hours of the morning on Wednesday and later confirmed that an 18-year-old man was arrested.

The victim, now known as Khaleed, was stabbed following an altercation with the suspect.

He was taken to Leicester Royal Infirmary where he died shortly after.

"We are currently piecing together exactly what has occurred on the corner of Oxford Street and Bonners Lane between, what is reported, as two men involved in a confrontation", Detective Inspector Lorna Granville said on Wednesday.

"One of the men is believed to have been stabbed and has then collapsed in the street. Despite the best efforts of medical staff he died in hospital."

"CCTV in the area is currently being reviewed and officers are speaking to potential witnesses to assist with our investigation", she added.

Police also explained that the event was not a 'mass stabbing' - a rumour that had been speculated on social media.

They said: "Speculation is unhelpful, but we can confirm that this was not a mass stabbing."

Support was being offered to students and staff who witnessed the incident, De Montfort University said.

“'We are aware of a very serious incident on our campus”, a spokesperson for the university told the BBC.

“We are working with Leicestershire Police as they launch an immediate investigation. Our thoughts are with everyone affected by what has happened”, the spokesperson added.