io_mem_free(ctx->sq_sqes);
 
        percpu_ref_exit(&ctx->refs);
-       if (ctx->account_mem)
-               io_unaccount_mem(ctx->user,
-                               ring_pages(ctx->sq_entries, ctx->cq_entries));
        free_uid(ctx->user);
        put_cred(ctx->creds);
        kfree(ctx->cancel_hash);
        if (ctx->rings)
                io_cqring_overflow_flush(ctx, true);
        idr_for_each(&ctx->personality_idr, io_remove_personalities, ctx);
+
+       /*
+        * Do this upfront, so we won't have a grace period where the ring
+        * is closed but resources aren't reaped yet. This can cause
+        * spurious failure in setting up a new ring.
+        */
+       if (ctx->account_mem)
+               io_unaccount_mem(ctx->user,
+                               ring_pages(ctx->sq_entries, ctx->cq_entries));
+
        INIT_WORK(&ctx->exit_work, io_ring_exit_work);
        queue_work(system_wq, &ctx->exit_work);
 }