diff --git a/rocclr/runtime/device/pal/palresource.cpp b/rocclr/runtime/device/pal/palresource.cpp
index 9448a1825e..7c4e5b440c 100644
--- a/rocclr/runtime/device/pal/palresource.cpp
+++ b/rocclr/runtime/device/pal/palresource.cpp
@@ -158,6 +158,7 @@ GpuMemoryReference::~GpuMemoryReference() {
       }
     }
   } else {
+    amd::ScopedLock l(gpu_->execution());
     gpu_->releaseMemory(this, &events_[gpu_->index()]);
   }
   if (device_.vgpus().size() != 0) {
@@ -1097,6 +1098,7 @@ void Resource::free() {
       }
     }
     else {
+      amd::ScopedLock l(memRef_->gpu_->execution());
       memRef_->gpu_->waitForEvent(&memRef_->events_[memRef_->gpu_->index()]);
     }
   }
@@ -1975,6 +1977,7 @@ bool ResourceCache::addGpuMemory(Resource::Descriptor* desc, GpuMemoryReference*
 
       // Add the current resource to the cache
       resCache_.push_front(std::make_pair(descCached, ref));
+      ref->gpu_ = nullptr;
       cacheSize_ += size;
       result = true;
     }
diff --git a/rocclr/runtime/device/pal/palvirtual.cpp b/rocclr/runtime/device/pal/palvirtual.cpp
index 29d2bd0c63..0f4097a5b8 100644
--- a/rocclr/runtime/device/pal/palvirtual.cpp
+++ b/rocclr/runtime/device/pal/palvirtual.cpp
@@ -2281,7 +2281,6 @@ void VirtualGPU::submitMarker(amd::Marker& vcmd) {
 }
 
 void VirtualGPU::releaseMemory(GpuMemoryReference* mem, GpuEvent* event) {
-  waitForEvent(event);
   queues_[MainEngine]->removeCmdMemRef(mem);
   queues_[SdmaEngine]->removeCmdMemRef(mem);
 }
diff --git a/rocclr/runtime/device/pal/palvirtual.hpp b/rocclr/runtime/device/pal/palvirtual.hpp
index 15c375a23b..b6e9c4997a 100644
--- a/rocclr/runtime/device/pal/palvirtual.hpp
+++ b/rocclr/runtime/device/pal/palvirtual.hpp
@@ -104,7 +104,7 @@ class VirtualGPU : public device::VirtualDevice {
       if (!ibReuse) {
         start = amd::Os::timeNanos();
       }
-      while (ibReuse || (Pal::Result::Success != (result = iCmdFences_[cbId]->GetStatus()))) {
+      while ((Pal::Result::Success != (result = iCmdFences_[cbId]->GetStatus())) || ibReuse) {
         if (result == Pal::Result::ErrorFenceNeverSubmitted) {
           result = Pal::Result::Success;
           break;