diff --git a/fs/crypto/keyring.c b/fs/crypto/keyring.c
index 0edf0b58daa7..6681a71625f0 100644
--- a/fs/crypto/keyring.c
+++ b/fs/crypto/keyring.c
@@ -74,8 +74,12 @@ void fscrypt_put_master_key(struct fscrypt_master_key *mk)
 	 * that concurrent keyring lookups can no longer find it.
 	 */
 	WARN_ON_ONCE(refcount_read(&mk->mk_active_refs) != 0);
-	key_put(mk->mk_users);
-	mk->mk_users = NULL;
+	if (mk->mk_users) {
+		/* Clear the keyring so the quota gets released right away. */
+		keyring_clear(mk->mk_users);
+		key_put(mk->mk_users);
+		mk->mk_users = NULL;
+	}
 	call_rcu(&mk->mk_rcu_head, fscrypt_free_master_key);
 }