diff --git a/externals/dynarmic b/externals/dynarmic
index d1d470536..4b350a354 160000
--- a/externals/dynarmic
+++ b/externals/dynarmic
@@ -1 +1 @@
-Subproject commit d1d4705364031512cb89333aebc00b8d75a2f732
+Subproject commit 4b350a354a21339052c7fff88832c3f81f5624be
diff --git a/src/core/arm/dyncom/arm_dyncom_interpreter.cpp b/src/core/arm/dyncom/arm_dyncom_interpreter.cpp
index b8c0cb34e..9548d0e16 100644
--- a/src/core/arm/dyncom/arm_dyncom_interpreter.cpp
+++ b/src/core/arm/dyncom/arm_dyncom_interpreter.cpp
@@ -3866,6 +3866,8 @@ SWI_INST : {
             num_instrs >= cpu->NumInstrsToExecute ? 0 : cpu->NumInstrsToExecute - num_instrs;
         num_instrs = 0;
         Kernel::CallSVC(inst_cream->num & 0xFFFF);
+        // The kernel would call ERET to get here, which clears exclusive memory state.
+        cpu->UnsetExclusiveMemoryAddress();
     }
 
     cpu->Reg[15] += cpu->GetInstructionSize();