diff --git a/lib/blobfs/blobfs.c b/lib/blobfs/blobfs.c
index 381fa5d54..11c44ace9 100644
--- a/lib/blobfs/blobfs.c
+++ b/lib/blobfs/blobfs.c
@@ -439,6 +439,12 @@ spdk_fs_init(struct spdk_bs_dev *dev, fs_send_request_fn send_request_fn,
 
 	req = alloc_fs_request(fs->md_target.md_fs_channel);
 	if (req == NULL) {
+		spdk_put_io_channel(fs->md_target.md_io_channel);
+		spdk_io_device_unregister(&fs->md_target);
+		spdk_put_io_channel(fs->sync_target.sync_io_channel);
+		spdk_io_device_unregister(&fs->sync_target);
+		spdk_io_device_unregister(&fs->io_target);
+		free(fs);
 		cb_fn(cb_arg, NULL, -ENOMEM);
 		return;
 	}
@@ -559,6 +565,12 @@ spdk_fs_load(struct spdk_bs_dev *dev, fs_send_request_fn send_request_fn,
 
 	req = alloc_fs_request(fs->md_target.md_fs_channel);
 	if (req == NULL) {
+		spdk_put_io_channel(fs->md_target.md_io_channel);
+		spdk_io_device_unregister(&fs->md_target);
+		spdk_put_io_channel(fs->sync_target.sync_io_channel);
+		spdk_io_device_unregister(&fs->sync_target);
+		spdk_io_device_unregister(&fs->io_target);
+		free(fs);
 		cb_fn(cb_arg, NULL, -ENOMEM);
 		return;
 	}