diff --git a/mm/page_alloc.c b/mm/page_alloc.c
index c6c7bb3ea71b..216fbbfbedcf 100644
--- a/mm/page_alloc.c
+++ b/mm/page_alloc.c
@@ -1048,6 +1048,7 @@ __always_inline bool free_pages_prepare(struct page *page,
 	bool skip_kasan_poison = should_skip_kasan_poison(page);
 	bool init = want_init_on_free();
 	bool compound = PageCompound(page);
+	struct folio *folio = page_folio(page);
 
 	VM_BUG_ON_PAGE(PageTail(page), page);
 
@@ -1057,6 +1058,20 @@ __always_inline bool free_pages_prepare(struct page *page,
 	if (memcg_kmem_online() && PageMemcgKmem(page))
 		__memcg_kmem_uncharge_page(page, order);
 
+	/*
+	 * In rare cases, when truncation or holepunching raced with
+	 * munlock after VM_LOCKED was cleared, Mlocked may still be
+	 * found set here.  This does not indicate a problem, unless
+	 * "unevictable_pgs_cleared" appears worryingly large.
+	 */
+	if (unlikely(folio_test_mlocked(folio))) {
+		long nr_pages = folio_nr_pages(folio);
+
+		__folio_clear_mlocked(folio);
+		zone_stat_mod_folio(folio, NR_MLOCK, -nr_pages);
+		count_vm_events(UNEVICTABLE_PGCLEARED, nr_pages);
+	}
+
 	if (unlikely(PageHWPoison(page)) && !order) {
 		/* Do not let hwpoison pages hit pcplists/buddy */
 		reset_page_owner(page, order);
diff --git a/mm/swap.c b/mm/swap.c
index b8e3259ea2c4..59f30a981c6f 100644
--- a/mm/swap.c
+++ b/mm/swap.c
@@ -78,20 +78,6 @@ static void __page_cache_release(struct folio *folio, struct lruvec **lruvecp,
 		lruvec_del_folio(*lruvecp, folio);
 		__folio_clear_lru_flags(folio);
 	}
-
-	/*
-	 * In rare cases, when truncation or holepunching raced with
-	 * munlock after VM_LOCKED was cleared, Mlocked may still be
-	 * found set here.  This does not indicate a problem, unless
-	 * "unevictable_pgs_cleared" appears worryingly large.
-	 */
-	if (unlikely(folio_test_mlocked(folio))) {
-		long nr_pages = folio_nr_pages(folio);
-
-		__folio_clear_mlocked(folio);
-		zone_stat_mod_folio(folio, NR_MLOCK, -nr_pages);
-		count_vm_events(UNEVICTABLE_PGCLEARED, nr_pages);
-	}
 }
 
 /*