diff --git a/drivers/net/ethernet/cavium/octeon/octeon_mgmt.c b/drivers/net/ethernet/cavium/octeon/octeon_mgmt.c
index e8bc15bcde7096033ea697adf00dd74c1824437c..4ab404f45b215820245ed9f9ad478c7c3961d752 100644
--- a/drivers/net/ethernet/cavium/octeon/octeon_mgmt.c
+++ b/drivers/net/ethernet/cavium/octeon/octeon_mgmt.c
@@ -1513,6 +1513,7 @@ static int octeon_mgmt_probe(struct platform_device *pdev)
 	return 0;
 
 err:
+	of_node_put(p->phy_np);
 	free_netdev(netdev);
 	return result;
 }
@@ -1520,8 +1521,10 @@ static int octeon_mgmt_probe(struct platform_device *pdev)
 static int octeon_mgmt_remove(struct platform_device *pdev)
 {
 	struct net_device *netdev = platform_get_drvdata(pdev);
+	struct octeon_mgmt *p = netdev_priv(netdev);
 
 	unregister_netdev(netdev);
+	of_node_put(p->phy_np);
 	free_netdev(netdev);
 	return 0;
 }