diff --git a/[refs] b/[refs]
index 77d74ce49140..af15f26b49ca 100644
--- a/[refs]
+++ b/[refs]
@@ -1,2 +1,2 @@
 ---
-refs/heads/master: 0ffbe2699cda6afbe08501098dff8a8c2fe6ae09
+refs/heads/master: 553d603c8fce8cf727eb26e4bf6b9549cd4623f1
diff --git a/trunk/security/keys/keyring.c b/trunk/security/keys/keyring.c
index 2fb2bc9712ae..29de5ee3457b 100644
--- a/trunk/security/keys/keyring.c
+++ b/trunk/security/keys/keyring.c
@@ -705,13 +705,14 @@ int __key_link(struct key *keyring, struct key *key)
 	if (keyring->type != &key_type_keyring)
 		goto error;
 
-	/* serialise link/link calls to prevent parallel calls causing a
-	 * cycle when applied to two keyring in opposite orders */
-	down_write(&keyring_serialise_link_sem);
-
-	/* check that we aren't going to create a cycle adding one keyring to
-	 * another */
+	/* do some special keyring->keyring link checks */
 	if (key->type == &key_type_keyring) {
+		/* serialise link/link calls to prevent parallel calls causing
+		 * a cycle when applied to two keyring in opposite orders */
+		down_write(&keyring_serialise_link_sem);
+
+		/* check that we aren't going to create a cycle adding one
+		 * keyring to another */
 		ret = keyring_detect_cycle(keyring, key);
 		if (ret < 0)
 			goto error2;
@@ -814,7 +815,8 @@ int __key_link(struct key *keyring, struct key *key)
 done:
 	ret = 0;
 error2:
-	up_write(&keyring_serialise_link_sem);
+	if (key->type == &key_type_keyring)
+		up_write(&keyring_serialise_link_sem);
 error:
 	return ret;