diff --git a/hipamd/src/hip_code_object.cpp b/hipamd/src/hip_code_object.cpp
index a5a3fb5861..723b947010 100644
--- a/hipamd/src/hip_code_object.cpp
+++ b/hipamd/src/hip_code_object.cpp
@@ -1170,13 +1170,17 @@ hipError_t StatCO::removeFatBinary(FatBinaryInfo** module) {
   auto it = managedVars_.begin();
   while (it != managedVars_.end()) {
     if ((*it)->moduleInfo() == module) {
+      hipError_t err;
       for (auto dev : g_devices) {
         DeviceVar* dvar = nullptr;
         IHIP_RETURN_ONFAIL((*it)->getStatDeviceVar(&dvar, dev->deviceId()));
         // free also deletes the device ptr
-        hipError_t err = ihipFree(dvar->device_ptr());
+        err = ihipFree(dvar->device_ptr());
         assert(err == hipSuccess);
       }
+      err = ihipFree(*(static_cast<void**>((*it)->getManagedVarPtr())));
+      assert(err == hipSuccess);
+      delete *it;
       it = managedVars_.erase(it);
     } else {
       ++it;