diff --git a/drivers/net/phy/mdio_bus.c b/drivers/net/phy/mdio_bus.c
index 6865d9319197f..3fa9c15ec81e2 100644
--- a/drivers/net/phy/mdio_bus.c
+++ b/drivers/net/phy/mdio_bus.c
@@ -548,6 +548,7 @@ int __mdiobus_register(struct mii_bus *bus, struct module *owner)
 	err = device_register(&bus->dev);
 	if (err) {
 		pr_err("mii_bus %s failed to register\n", bus->id);
+		put_device(&bus->dev);
 		return -EINVAL;
 	}