diff --git a/drivers/net/ethernet/broadcom/bgmac-platform.c b/drivers/net/ethernet/broadcom/bgmac-platform.c
index ecce23cecbea..4e266ce41180 100644
--- a/drivers/net/ethernet/broadcom/bgmac-platform.c
+++ b/drivers/net/ethernet/broadcom/bgmac-platform.c
@@ -171,6 +171,7 @@ static int platform_phy_connect(struct bgmac *bgmac)
 static int bgmac_probe(struct platform_device *pdev)
 {
 	struct device_node *np = pdev->dev.of_node;
+	struct device_node *phy_node;
 	struct bgmac *bgmac;
 	struct resource *regs;
 	int ret;
@@ -236,7 +237,9 @@ static int bgmac_probe(struct platform_device *pdev)
 	bgmac->cco_ctl_maskset = platform_bgmac_cco_ctl_maskset;
 	bgmac->get_bus_clock = platform_bgmac_get_bus_clock;
 	bgmac->cmn_maskset32 = platform_bgmac_cmn_maskset32;
-	if (of_parse_phandle(np, "phy-handle", 0)) {
+	phy_node = of_parse_phandle(np, "phy-handle", 0);
+	if (phy_node) {
+		of_node_put(phy_node);
 		bgmac->phy_connect = platform_phy_connect;
 	} else {
 		bgmac->phy_connect = bgmac_phy_connect_direct;