The match ended in a draw, so Colombia qualified automatically for the tournament in Russian Federation and Peru booked a meeting with New Zealand in a play-off.
They looked headed for the exit door until the 76th minute, but revived their hopes of a first World Cup finals appearance since 1982 when striker Paolo Guerrero nabbed a crucial equaliser.
There was plenty of intrigue in what actually happened during the final seconds of Colombia's World Cup qualifier against Peru on Tuesday night.
"In the last five minutes, the Colombians approached us".
Up to six teams were in contention to claim fifth spot and book a meeting with Oceania confederation champions New Zealand heading into the matches and Peru were set to miss out altogether as they trailed 1-0 at home to Colombia in Lima.
"Peru are very good, they are highly ranked and they got a great result against Argentina in qualification, but I feel, out of all of them, we can take confidence out of having to play them". The game was managed as it had to be managed. Los Incas will now have to face off against New Zealand over two legs between November 6 and 14.
New Zealand Football CEO Andy Martin says both sides want to ensure they get as much recovery and preparation time as possible.
Former Newcastle and Aston Villa midfielder Nolberto Solano, who is now a member of the Peruvian coaching team, said: "We needed to win, them too".
However, one viewer dismissed the speculation as ridiculous, saying: "Both teams were fighting to win it until injury time and Brazil went 3-0 up in the other match".
Colombia were one of the surprises of the 2014 World Cup, where they reached the quarter-finals before being beaten by hosts Brazil.
Peru ended up with a goal difference of +1 and Chile -1 as Ricardo Gareca's team march on.