India had earlier lost 1-2 against the Netherlands on Saturday.
The Netherlands struck the winning goal two minutes from the final whistle through Van Dam Thijs (58th minute), who also scored the equalising goal in the 25th minute.
Belgium midfielder Victor Wegnez was the most expensive player on the second day of the Hockey India League players' auction after he was acquired by Soorma Hockey Club for Rs 40 lakh.
Jurgaj Singh's brace propelled the Shrachi Rarh Bengal Tigers to a sensational 5-3 comeback win against the Vedanta Kalinga Lancers in the Hockey India League.
The Netherlands beat Germany 3-1 in a shoot-out after a 1-1 draw to win the gold medal in men's hockey at the Paris Olympics on Thursday with Duco Telgenkamp firing home the final penalty shot past goalkeeper Jean-Paul Danneberg.
Kalinga Lancers notched up their first win of the league with a 6-0 hammering of Shrachi Rarh Bengal Tigers.
Top-ranked Netherlands reached the men's hockey final at the Paris Olympics on Tuesday with a much more comfortable 4-0 win over Spain than in the pool stage
The two sides had played out a 1-1 draw three days ago in Ranchi with the Odisha Warriors then winning the penalty shootout thanks to goalkeeper Jocelyn Bartram's heroics.
Jeremy Hayward (11th minute), Nicolas della Torre (35th), Harmanpreet Singh (50th) and Harish Somappa (52nd) scored for Soorma while Thierry Brinkman (5th), Sanjay (30th) and Gursahibjit Singh (50th) were on target for the Lancers.
Harmanpreet, Sreejesh shortlisted for FIH Hockey Stars Awards
Skipper Harmanpreet Singh, who powered India to a second successive bronze medal in hockey at the Olympics in Paris, was on Saturday nominated for the FIH Player of the Year Award.
India's star drag-flicker Harmanpreet Singh was on Tuesday named among the five nominees for the men's Player of the Year honour.
Germany ended Belgium's dominance in global hockey in the last five years after yet another stunning comeback from two-goal deficit to beat the defending champions in the penalty shoot-out to win the FIH Hockey Men's World Cup for a third time, in Bhubaneswar, on Sunday.
Indian men's hockey team finish third...
Dominating the proceedings, Netherlands scored five field goals through Lars Balk (16th minute), Robert Kemperman (20th), Thijs van Dam (40th, 58th) and Thierry Brinkman (41st) to register the comfortable win at the Kalinga Stadium.
A well-oiled Indian unit had raised the hopes of making the semi-finals for the first time since 1975 but the Dutch side broke a million hearts by coming from behind to knock out the hosts 2-1 in the last-eight clash.
The triumph also took Germany to the top of FIH world rankings from the pre-tournament fourth place.
Jean-Laurent Kierffer scored a brace as France stunned European champions Belgium 5-4 in a nail-biting encounter to enter the semi-finals of the ongoing Hero Junior Men's Hockey World Cup in Delhi on Thursday.
Australia finished on top of the standings despite losing 2-3 to Olympic champions Argentina earlier in the day. India, which needed just a draw to progress, finished second.
India are now atop the leaderboard with five points from two games, but the Manpreet Singh-led side conceded a point to the Netherlands after drawing (during the regulation time) the second match of the contest on Sunday.
Six-time champions and title holders Germany continued their fine form and defeated New Zealand 2-1 in a closely-fought Pool C encounter to virtually seal their place in the quarter-final of the men's Junior Hockey World Cup, in Lucknow on Friday.
India were dominated and outplayed by The Netherlands 3-1 in the last game of Pool B match of the Hockey World League Semi-final in London on Tuesday.
Olympic bronze medallist Germany defeated Malaysia 5-3 in a keenly-contested match
Four-time champions Pakistan produced a lion-hearted performance before going down 0-1 to Olympic bronze medallist Germany in their opening Pool D match of the 2018 Hockey World Cup.
France and Germany will clash in the final of the Junior Men's Hockey World Cup. The French made history when they beat Malaysia via the penalty shoot-out in the first semi-final to make their maiden appearance in the final while the defending champions Germans got the better of the Netherlands 5-3.
India won the gold medal in the Junior Hockey World Cup after defeating Belgium 2-1 at the Major Dyan Chand stadium in Lucknow on Sunday.