diff --git a/arch/arm64/include/asm/kvm_emulate.h b/arch/arm64/include/asm/kvm_emulate.h
index a30b4eec7cb4..977843e4d5fb 100644
--- a/arch/arm64/include/asm/kvm_emulate.h
+++ b/arch/arm64/include/asm/kvm_emulate.h
@@ -112,12 +112,6 @@ static inline void vcpu_ptrauth_disable(struct kvm_vcpu *vcpu)
 	vcpu->arch.hcr_el2 &= ~(HCR_API | HCR_APK);
 }
 
-static inline void vcpu_ptrauth_setup_lazy(struct kvm_vcpu *vcpu)
-{
-	if (vcpu_has_ptrauth(vcpu))
-		vcpu_ptrauth_disable(vcpu);
-}
-
 static inline unsigned long vcpu_get_vsesr(struct kvm_vcpu *vcpu)
 {
 	return vcpu->arch.vsesr_el2;
diff --git a/arch/arm64/kvm/arm.c b/arch/arm64/kvm/arm.c
index d6988401c22a..152049c5055d 100644
--- a/arch/arm64/kvm/arm.c
+++ b/arch/arm64/kvm/arm.c
@@ -337,6 +337,12 @@ void kvm_arch_vcpu_unblocking(struct kvm_vcpu *vcpu)
 	preempt_enable();
 }
 
+#define __ptrauth_save_key(regs, key)						\
+({										\
+	regs[key ## KEYLO_EL1] = read_sysreg_s(SYS_ ## key ## KEYLO_EL1);	\
+	regs[key ## KEYHI_EL1] = read_sysreg_s(SYS_ ## key ## KEYHI_EL1);	\
+})
+
 void kvm_arch_vcpu_load(struct kvm_vcpu *vcpu, int cpu)
 {
 	int *last_ran;
@@ -370,7 +376,17 @@ void kvm_arch_vcpu_load(struct kvm_vcpu *vcpu, int cpu)
 	else
 		vcpu_set_wfx_traps(vcpu);
 
-	vcpu_ptrauth_setup_lazy(vcpu);
+	if (vcpu_has_ptrauth(vcpu)) {
+		struct kvm_cpu_context *ctxt = vcpu->arch.host_cpu_context;
+
+		__ptrauth_save_key(ctxt->sys_regs, APIA);
+		__ptrauth_save_key(ctxt->sys_regs, APIB);
+		__ptrauth_save_key(ctxt->sys_regs, APDA);
+		__ptrauth_save_key(ctxt->sys_regs, APDB);
+		__ptrauth_save_key(ctxt->sys_regs, APGA);
+
+		vcpu_ptrauth_disable(vcpu);
+	}
 }
 
 void kvm_arch_vcpu_put(struct kvm_vcpu *vcpu)
diff --git a/arch/arm64/kvm/handle_exit.c b/arch/arm64/kvm/handle_exit.c
index eb194696ef62..065251efa2e6 100644
--- a/arch/arm64/kvm/handle_exit.c
+++ b/arch/arm64/kvm/handle_exit.c
@@ -162,31 +162,16 @@ static int handle_sve(struct kvm_vcpu *vcpu, struct kvm_run *run)
 	return 1;
 }
 
-#define __ptrauth_save_key(regs, key)						\
-({										\
-	regs[key ## KEYLO_EL1] = read_sysreg_s(SYS_ ## key ## KEYLO_EL1);	\
-	regs[key ## KEYHI_EL1] = read_sysreg_s(SYS_ ## key ## KEYHI_EL1);	\
-})
-
 /*
  * Handle the guest trying to use a ptrauth instruction, or trying to access a
  * ptrauth register.
  */
 void kvm_arm_vcpu_ptrauth_trap(struct kvm_vcpu *vcpu)
 {
-	struct kvm_cpu_context *ctxt;
-
-	if (vcpu_has_ptrauth(vcpu)) {
+	if (vcpu_has_ptrauth(vcpu))
 		vcpu_ptrauth_enable(vcpu);
-		ctxt = vcpu->arch.host_cpu_context;
-		__ptrauth_save_key(ctxt->sys_regs, APIA);
-		__ptrauth_save_key(ctxt->sys_regs, APIB);
-		__ptrauth_save_key(ctxt->sys_regs, APDA);
-		__ptrauth_save_key(ctxt->sys_regs, APDB);
-		__ptrauth_save_key(ctxt->sys_regs, APGA);
-	} else {
+	else
 		kvm_inject_undefined(vcpu);
-	}
 }
 
 /*