diff --git a/arch/x86/kvm/emulate.c b/arch/x86/kvm/emulate.c
index 0d5ecbd458824f2e7d4c38362e12a913745dcb91..27ce38693f09612516ba64d9e9ad38057a3c4767 100644
--- a/arch/x86/kvm/emulate.c
+++ b/arch/x86/kvm/emulate.c
@@ -2033,6 +2033,7 @@ static int em_ret_far(struct x86_emulate_ctxt *ctxt)
 {
 	int rc;
 	unsigned long cs;
+	int cpl = ctxt->ops->cpl(ctxt);
 
 	rc = emulate_pop(ctxt, &ctxt->_eip, ctxt->op_bytes);
 	if (rc != X86EMUL_CONTINUE)
@@ -2042,6 +2043,9 @@ static int em_ret_far(struct x86_emulate_ctxt *ctxt)
 	rc = emulate_pop(ctxt, &cs, ctxt->op_bytes);
 	if (rc != X86EMUL_CONTINUE)
 		return rc;
+	/* Outer-privilege level return is not implemented */
+	if (ctxt->mode >= X86EMUL_MODE_PROT16 && (cs & 3) > cpl)
+		return X86EMUL_UNHANDLEABLE;
 	rc = load_segment_descriptor(ctxt, (u16)cs, VCPU_SREG_CS);
 	return rc;
 }