Barnes had been one of Leicester's best players in 2020-21, scoring 13 goals in all competitions before undergoing knee surgery that ruled him out of Euro 2020.
Chelsea's 2-1 defeat at Aston Villa didn't prove critical because Leicester conceded three late goals to lose 4-2 at home to Tottenham and stay in fifth place.
8,000 Chelsea fans saw a 2-1 victory that dislodged Leicester from third place heading into the Premier League finale.
It was a sensational way to win the FA Cup for the first time in Leicester's 137-year history, 1-0 against Champions League finalist Chelsea.
FA Cup Final Live Streaming: Find full details on when and where to watch Chelsea vs Leicester City Live Match Online on SonyLIV and TV Telecast on Sony TEN 2 HD.
Callum Wilson struck twice to all but secure the Magpies’ Premier League status. They are one point from safety.
Jonny Evans' 68th-minute header earned third-placed Leicester a point on the south coast following James Ward-Prowse’s penalty opener for the battling hosts.
Vardy had not netted in his previous 11 games but opened the scoring in the 23rd minute, with Jonny Evans and Kelechi Iheanacho adding goals before the break.
Ayoze Perez’s strike and an own-goal from Ethan Ampadu also helped Leicester return to second place in the standings, ahead of Manchester United’s game against West Ham later.
Arsenal started the day in 11th and returned to the top half with the win, while Leicester missed a chance to challenge Manchester United for second.
Villa was without Jack Grealish because of injury and made a slow start without its inspirational captain, going 2-0 down by the 23rd minute at Villa Park.
Fourth-place Liverpool dropped six points behind Leicester, which climbed above Manchester United into second place, in the race for Champions League qualification.
It was only Leicester's second league loss since Nov. 30 and kept Brendan Rodgers' team in third place — when it could have moved two points behind leader Man City.
That makes it just one win in the past five games for Lampard, who recruited heavily during the summer transfer window to mount a title challenge yet still seems unsure what his best side is.
Leicester is three points behind Liverpool, which hosts West Bromwich Albion on Sunday. United is a point behind in third.
Tottenham's once-blossoming title challenge has faltered over the last eight days, with only one point collected by Jose Mourinho's side from three games.
The striker kept his cool when through one-on-one and beat goalkeeper Aaron Ramsdale with a confident right-foot finish.
Three embarrassing penalty misses have summed up Fulham’s miserable start to life back in the English Premier League.
With a third straight win, Leicester went top but could be overtaken if Liverpool win at Manchester City later Sunday.
Vardy had enough time to net his 11th league goal against Arsenal — the most he has scored against a single opponent in the competition.
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