Arsenal and Leicester have played out a 1-1 draw at the Emirates on Tuesday.
The Gunners had a number of chances to double their advantage in the first-half, but Schmeichel was in fine form in the Leicester goal.
The home side would come to rue their wastefulness when Eddie Nketiah was sent-off for a terrible tackle on James Justin with 15 minutes remaining.
This meant a one-goal lead was never enough for Mikel Arteta's side, with Jamie Vardy restoring his Golden Boot lead on Aubameyang to two by connecting on Demarai Gray's cross in the 84th minute.
VAR did not overturn Vardy's goal for offside, giving the Foxes' a valuable point in their pursuit of a Champions League spot.
The result ended Arsenal's run of four wins but still keeps them in the hunt for a place in Europe's premier competition.
And speaking after the game, Foxes boss Brendan Rodgers was ultimately pleased with a point.
He said: "It is good for us (the draw). Arsenal have been on a run but we have come here after a tough game at the weekend and play well.
"We didn't lose it so it is good for the sport. It gives us confidence to continue with this mindset."