diff --git a/virt/kvm/coalesced_mmio.c b/virt/kvm/coalesced_mmio.c
index b66001f..5385017 100644
--- a/virt/kvm/coalesced_mmio.c
+++ b/virt/kvm/coalesced_mmio.c
@@ -120,8 +120,10 @@
 	return ret;
 
 out_free_dev:
+	kvm->coalesced_mmio_dev = NULL;
 	kfree(dev);
 out_free_page:
+	kvm->coalesced_mmio_ring = NULL;
 	__free_page(page);
 out_err:
 	return ret;
diff --git a/virt/kvm/kvm_main.c b/virt/kvm/kvm_main.c
index 0db6dfc..55a5d48 100644
--- a/virt/kvm/kvm_main.c
+++ b/virt/kvm/kvm_main.c
@@ -422,9 +422,6 @@
 	spin_lock(&kvm_lock);
 	list_add(&kvm->vm_list, &vm_list);
 	spin_unlock(&kvm_lock);
-#ifdef KVM_COALESCED_MMIO_PAGE_OFFSET
-	kvm_coalesced_mmio_init(kvm);
-#endif
 out:
 	return kvm;
 
@@ -1753,12 +1750,19 @@
 
 static int kvm_dev_ioctl_create_vm(void)
 {
-	int fd;
+	int fd, r;
 	struct kvm *kvm;
 
 	kvm = kvm_create_vm();
 	if (IS_ERR(kvm))
 		return PTR_ERR(kvm);
+#ifdef KVM_COALESCED_MMIO_PAGE_OFFSET
+	r = kvm_coalesced_mmio_init(kvm);
+	if (r < 0) {
+		kvm_put_kvm(kvm);
+		return r;
+	}
+#endif
 	fd = anon_inode_getfd("kvm-vm", &kvm_vm_fops, kvm, O_RDWR);
 	if (fd < 0)
 		kvm_put_kvm(kvm);