diff --git a/drivers/iio/inkern.c b/drivers/iio/inkern.c
index 25b00761005a..e38f41464fe4 100644
--- a/drivers/iio/inkern.c
+++ b/drivers/iio/inkern.c
@@ -132,7 +132,7 @@ struct iio_channel *iio_channel_get(const char *name, const char *channel_name)
 
 	channel = kzalloc(sizeof(*channel), GFP_KERNEL);
 	if (channel == NULL)
-		return ERR_PTR(-ENOMEM);
+		goto error_no_mem;
 
 	channel->indio_dev = c->indio_dev;
 
@@ -151,6 +151,9 @@ struct iio_channel *iio_channel_get(const char *name, const char *channel_name)
 	iio_device_put(c->indio_dev);
 	kfree(channel);
 	return ERR_PTR(-EINVAL);
+error_no_mem:
+	iio_device_put(c->indio_dev);
+	return ERR_PTR(-ENOMEM);
 }
 EXPORT_SYMBOL_GPL(iio_channel_get);