Liverpool 0-0 Arsenal (4-5 pen)
Unlike Monday night's affair, it was largely an uneventful 90 minutes between the two sides, with clear-cut chances far and few between.
Liverpool dominated the clash but failed to assert themselves on Mikel Arteta's side, barring a few good spells which saw them force goalkeeper Bernd Leno into some good saves.
The Gunners executed their game-plan and took the game to penalties, with Leno coming out on top to give the visitors their second penalty shoot-out win over Liverpool in as many months.
Next up for the Reds is a trip to Villa Park as they take on Aston Villa, who were also knocked out of the Carabao Cup on Thursday night after making eleven changes to their side.
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