diff --git a/fs/smb/client/connect.c b/fs/smb/client/connect.c
index 3aaf5cdce1b7..e1c5496d1866 100644
--- a/fs/smb/client/connect.c
+++ b/fs/smb/client/connect.c
@@ -316,7 +316,6 @@ cifs_abort_connection(struct TCP_Server_Info *server)
 			 server->ssocket->flags);
 		sock_release(server->ssocket);
 		server->ssocket = NULL;
-		put_net(cifs_net_ns(server));
 	}
 	server->sequence_number = 0;
 	server->session_estab = false;
@@ -3142,12 +3141,8 @@ generic_ip_connect(struct TCP_Server_Info *server)
 		/*
 		 * Grab netns reference for the socket.
 		 *
-		 * This reference will be released in several situations:
-		 * - In the failure path before the cifsd thread is started.
-		 * - In the all place where server->socket is released, it is
-		 *   also set to NULL.
-		 * - Ultimately in clean_demultiplex_info(), during the final
-		 *   teardown.
+		 * It'll be released here, on error, or in clean_demultiplex_info() upon server
+		 * teardown.
 		 */
 		get_net(net);
 
@@ -3163,8 +3158,10 @@ generic_ip_connect(struct TCP_Server_Info *server)
 	}
 
 	rc = bind_socket(server);
-	if (rc < 0)
+	if (rc < 0) {
+		put_net(cifs_net_ns(server));
 		return rc;
+	}
 
 	/*
 	 * Eventually check for other socket options to change from
@@ -3210,6 +3207,9 @@ generic_ip_connect(struct TCP_Server_Info *server)
 	if (sport == htons(RFC1001_PORT))
 		rc = ip_rfc1001_connect(server);
 
+	if (rc < 0)
+		put_net(cifs_net_ns(server));
+
 	return rc;
 }