diff --git a/package-lock.json b/package-lock.json
index 4b290126..8814b4a1 100644
--- a/package-lock.json
+++ b/package-lock.json
@@ -8,7 +8,6 @@
       "version": "1.6.2",
       "license": "MIT",
       "dependencies": {
-        "loader-utils": "^2.0.0",
         "schema-utils": "^3.0.0"
       },
       "devDependencies": {
@@ -4170,6 +4169,7 @@
       "version": "5.2.2",
       "resolved": "https://registry.npmjs.org/big.js/-/big.js-5.2.2.tgz",
       "integrity": "sha512-vyL2OymJxmarO8gxMr0mhChsO9QGwhynfuu4+MHTAW6czfq9humCB7rKpUjDd9YUiDPU4mzpyupFSvOClAwbmQ==",
+      "dev": true,
       "engines": {
         "node": "*"
       }
@@ -6233,6 +6233,7 @@
       "version": "3.0.0",
       "resolved": "https://registry.npmjs.org/emojis-list/-/emojis-list-3.0.0.tgz",
       "integrity": "sha512-/kyM18EfinwXZbno9FyUGeFh87KC8HRQBQGildHZbEuRyWFOmv1U10o9BBp8XVZDVNNuQKyIGIu5ZYAAXJ0V2Q==",
+      "dev": true,
       "engines": {
         "node": ">= 4"
       }
@@ -11634,6 +11635,7 @@
       "version": "2.2.0",
       "resolved": "https://registry.npmjs.org/json5/-/json5-2.2.0.tgz",
       "integrity": "sha512-f+8cldu7X/y7RAJurMEJmdoKXGB/X550w2Nr3tTbezL6RwEE/iMcm+tZnXeoZtKuOq6ft8+CqzEkrIgx1fPoQA==",
+      "dev": true,
       "dependencies": {
         "minimist": "^1.2.5"
       },
@@ -11982,6 +11984,7 @@
       "version": "2.0.0",
       "resolved": "https://registry.npmjs.org/loader-utils/-/loader-utils-2.0.0.tgz",
       "integrity": "sha512-rP4F0h2RaWSvPEkD7BLDFQnvSf+nK+wr3ESUjNTyAGobqrijmW92zc+SO6d4p4B1wh7+B/Jg1mkQe5NYUEHtHQ==",
+      "dev": true,
       "dependencies": {
         "big.js": "^5.2.2",
         "emojis-list": "^3.0.0",
@@ -12737,7 +12740,8 @@
     "node_modules/minimist": {
       "version": "1.2.5",
       "resolved": "https://registry.npmjs.org/minimist/-/minimist-1.2.5.tgz",
-      "integrity": "sha512-FM9nNUYrRBAELZQT3xeZQ7fmMOBg6nWNmJKTcgsJeaLstP/UODVpGsr5OhXhhXg6f+qtJ8uiZ+PUxkDWcgIXLw=="
+      "integrity": "sha512-FM9nNUYrRBAELZQT3xeZQ7fmMOBg6nWNmJKTcgsJeaLstP/UODVpGsr5OhXhhXg6f+qtJ8uiZ+PUxkDWcgIXLw==",
+      "dev": true
     },
     "node_modules/minimist-options": {
       "version": "4.1.0",
@@ -21084,7 +21088,8 @@
     "big.js": {
       "version": "5.2.2",
       "resolved": "https://registry.npmjs.org/big.js/-/big.js-5.2.2.tgz",
-      "integrity": "sha512-vyL2OymJxmarO8gxMr0mhChsO9QGwhynfuu4+MHTAW6czfq9humCB7rKpUjDd9YUiDPU4mzpyupFSvOClAwbmQ=="
+      "integrity": "sha512-vyL2OymJxmarO8gxMr0mhChsO9QGwhynfuu4+MHTAW6czfq9humCB7rKpUjDd9YUiDPU4mzpyupFSvOClAwbmQ==",
+      "dev": true
     },
     "binary-extensions": {
       "version": "1.13.1",
@@ -22678,7 +22683,8 @@
     "emojis-list": {
       "version": "3.0.0",
       "resolved": "https://registry.npmjs.org/emojis-list/-/emojis-list-3.0.0.tgz",
-      "integrity": "sha512-/kyM18EfinwXZbno9FyUGeFh87KC8HRQBQGildHZbEuRyWFOmv1U10o9BBp8XVZDVNNuQKyIGIu5ZYAAXJ0V2Q=="
+      "integrity": "sha512-/kyM18EfinwXZbno9FyUGeFh87KC8HRQBQGildHZbEuRyWFOmv1U10o9BBp8XVZDVNNuQKyIGIu5ZYAAXJ0V2Q==",
+      "dev": true
     },
     "encodeurl": {
       "version": "1.0.2",
@@ -26773,6 +26779,7 @@
       "version": "2.2.0",
       "resolved": "https://registry.npmjs.org/json5/-/json5-2.2.0.tgz",
       "integrity": "sha512-f+8cldu7X/y7RAJurMEJmdoKXGB/X550w2Nr3tTbezL6RwEE/iMcm+tZnXeoZtKuOq6ft8+CqzEkrIgx1fPoQA==",
+      "dev": true,
       "requires": {
         "minimist": "^1.2.5"
       }
@@ -27030,6 +27037,7 @@
       "version": "2.0.0",
       "resolved": "https://registry.npmjs.org/loader-utils/-/loader-utils-2.0.0.tgz",
       "integrity": "sha512-rP4F0h2RaWSvPEkD7BLDFQnvSf+nK+wr3ESUjNTyAGobqrijmW92zc+SO6d4p4B1wh7+B/Jg1mkQe5NYUEHtHQ==",
+      "dev": true,
       "requires": {
         "big.js": "^5.2.2",
         "emojis-list": "^3.0.0",
@@ -27612,7 +27620,8 @@
     "minimist": {
       "version": "1.2.5",
       "resolved": "https://registry.npmjs.org/minimist/-/minimist-1.2.5.tgz",
-      "integrity": "sha512-FM9nNUYrRBAELZQT3xeZQ7fmMOBg6nWNmJKTcgsJeaLstP/UODVpGsr5OhXhhXg6f+qtJ8uiZ+PUxkDWcgIXLw=="
+      "integrity": "sha512-FM9nNUYrRBAELZQT3xeZQ7fmMOBg6nWNmJKTcgsJeaLstP/UODVpGsr5OhXhhXg6f+qtJ8uiZ+PUxkDWcgIXLw==",
+      "dev": true
     },
     "minimist-options": {
       "version": "4.1.0",
diff --git a/package.json b/package.json
index b9381786..bb68432a 100644
--- a/package.json
+++ b/package.json
@@ -42,7 +42,6 @@
     "webpack": "^5.0.0"
   },
   "dependencies": {
-    "loader-utils": "^2.0.0",
     "schema-utils": "^3.0.0"
   },
   "devDependencies": {
diff --git a/src/loader.js b/src/loader.js
index 59535bb5..7cd4ef3a 100644
--- a/src/loader.js
+++ b/src/loader.js
@@ -1,8 +1,11 @@
 import path from 'path';
 
-import loaderUtils from 'loader-utils';
-
-import { findModuleById, evalModuleCode, AUTO_PUBLIC_PATH } from './utils';
+import {
+  findModuleById,
+  evalModuleCode,
+  AUTO_PUBLIC_PATH,
+  stringifyRequest,
+} from './utils';
 import schema from './loader-options.json';
 
 import MiniCssExtractPlugin, { pluginName, pluginSymbol } from './index';
@@ -15,7 +18,7 @@ function hotLoader(content, context) {
   return `${content}
     if(module.hot) {
       // ${Date.now()}
-      var cssReload = require(${loaderUtils.stringifyRequest(
+      var cssReload = require(${stringifyRequest(
         context.context,
         path.join(__dirname, 'hmr/hotModuleReplacement.js')
       )})(module.id, ${JSON.stringify({
diff --git a/src/utils.js b/src/utils.js
index 6f27db13..3b9c447b 100644
--- a/src/utils.js
+++ b/src/utils.js
@@ -1,4 +1,5 @@
 import NativeModule from 'module';
+import path from 'path';
 
 function trueFn() {
   return true;
@@ -54,6 +55,50 @@ function compareModulesByIdentifier(a, b) {
 const MODULE_TYPE = 'css/mini-extract';
 const AUTO_PUBLIC_PATH = '__MINI_CSS_EXTRACT_PLUGIN_PUBLIC_PATH__';
 
+function isAbsolutePath(str) {
+  return path.posix.isAbsolute(str) || path.win32.isAbsolute(str);
+}
+
+const RELATIVE_PATH_REGEXP = /^\.\.?[/\\]/;
+
+function isRelativePath(str) {
+  return RELATIVE_PATH_REGEXP.test(str);
+}
+
+function stringifyRequest(loaderContext, request) {
+  const splitted = request.split('!');
+  const { context } = loaderContext;
+
+  return JSON.stringify(
+    splitted
+      .map((part) => {
+        // First, separate singlePath from query, because the query might contain paths again
+        const splittedPart = part.match(/^(.*?)(\?.*)/);
+        const query = splittedPart ? splittedPart[2] : '';
+        let singlePath = splittedPart ? splittedPart[1] : part;
+
+        if (isAbsolutePath(singlePath) && context) {
+          singlePath = path.relative(context, singlePath);
+
+          if (isAbsolutePath(singlePath)) {
+            // If singlePath still matches an absolute path, singlePath was on a different drive than context.
+            // In this case, we leave the path platform-specific without replacing any separators.
+            // @see https://github.com/webpack/loader-utils/pull/14
+            return singlePath + query;
+          }
+
+          if (isRelativePath(singlePath) === false) {
+            // Ensure that the relative path starts at least with ./ otherwise it would be a request into the modules directory (like node_modules).
+            singlePath = `./${singlePath}`;
+          }
+        }
+
+        return singlePath.replace(/\\/g, '/') + query;
+      })
+      .join('!')
+  );
+}
+
 export {
   trueFn,
   findModuleById,
@@ -61,4 +106,5 @@ export {
   compareModulesByIdentifier,
   MODULE_TYPE,
   AUTO_PUBLIC_PATH,
+  stringifyRequest,
 };