diff --git a/net/sunrpc/auth.c b/net/sunrpc/auth.c
index 54a4e042f104..7ee6f7eaddfb 100644
--- a/net/sunrpc/auth.c
+++ b/net/sunrpc/auth.c
@@ -123,16 +123,19 @@ rpcauth_unhash_cred_locked(struct rpc_cred *cred)
 	clear_bit(RPCAUTH_CRED_HASHED, &cred->cr_flags);
 }
 
-static void
+static int
 rpcauth_unhash_cred(struct rpc_cred *cred)
 {
 	spinlock_t *cache_lock;
+	int ret;
 
 	cache_lock = &cred->cr_auth->au_credcache->lock;
 	spin_lock(cache_lock);
-	if (atomic_read(&cred->cr_count) == 0)
+	ret = atomic_read(&cred->cr_count) == 0;
+	if (ret)
 		rpcauth_unhash_cred_locked(cred);
 	spin_unlock(cache_lock);
+	return ret;
 }
 
 /*
@@ -446,31 +449,35 @@ void
 put_rpccred(struct rpc_cred *cred)
 {
 	/* Fast path for unhashed credentials */
-	if (test_bit(RPCAUTH_CRED_HASHED, &cred->cr_flags) != 0)
-		goto need_lock;
-
-	if (!atomic_dec_and_test(&cred->cr_count))
+	if (test_bit(RPCAUTH_CRED_HASHED, &cred->cr_flags) == 0) {
+		if (atomic_dec_and_test(&cred->cr_count))
+			cred->cr_ops->crdestroy(cred);
 		return;
-	goto out_destroy;
-need_lock:
+	}
+
 	if (!atomic_dec_and_lock(&cred->cr_count, &rpc_credcache_lock))
 		return;
 	if (!list_empty(&cred->cr_lru)) {
 		number_cred_unused--;
 		list_del_init(&cred->cr_lru);
 	}
-	if (test_bit(RPCAUTH_CRED_UPTODATE, &cred->cr_flags) == 0)
-		rpcauth_unhash_cred(cred);
 	if (test_bit(RPCAUTH_CRED_HASHED, &cred->cr_flags) != 0) {
-		cred->cr_expire = jiffies;
-		list_add_tail(&cred->cr_lru, &cred_unused);
-		number_cred_unused++;
-		spin_unlock(&rpc_credcache_lock);
-		return;
+		if (test_bit(RPCAUTH_CRED_UPTODATE, &cred->cr_flags) != 0) {
+			cred->cr_expire = jiffies;
+			list_add_tail(&cred->cr_lru, &cred_unused);
+			number_cred_unused++;
+			goto out_nodestroy;
+		}
+		if (!rpcauth_unhash_cred(cred)) {
+			/* We were hashed and someone looked us up... */
+			goto out_nodestroy;
+		}
 	}
 	spin_unlock(&rpc_credcache_lock);
-out_destroy:
 	cred->cr_ops->crdestroy(cred);
+	return;
+out_nodestroy:
+	spin_unlock(&rpc_credcache_lock);
 }
 EXPORT_SYMBOL_GPL(put_rpccred);