diff --git a/cmd/admin-handlers-pools.go b/cmd/admin-handlers-pools.go
index cd965582c..5b3ac6151 100644
--- a/cmd/admin-handlers-pools.go
+++ b/cmd/admin-handlers-pools.go
@@ -374,6 +374,7 @@ func (a adminAPIHandlers) RebalanceStop(w http.ResponseWriter, r *http.Request)
 	globalNotificationSys.StopRebalance(r.Context())
 	writeSuccessResponseHeadersOnly(w)
 	adminLogIf(ctx, pools.saveRebalanceStats(GlobalContext, 0, rebalSaveStoppedAt))
+	globalNotificationSys.LoadRebalanceMeta(ctx, false)
 }
 
 func proxyDecommissionRequest(ctx context.Context, defaultEndPoint Endpoint, w http.ResponseWriter, r *http.Request) (proxy bool) {
diff --git a/cmd/erasure-server-pool-rebalance.go b/cmd/erasure-server-pool-rebalance.go
index cce7de9bf..5f4c80333 100644
--- a/cmd/erasure-server-pool-rebalance.go
+++ b/cmd/erasure-server-pool-rebalance.go
@@ -350,8 +350,15 @@ func (z *erasureServerPools) IsRebalanceStarted() bool {
 	z.rebalMu.RLock()
 	defer z.rebalMu.RUnlock()
 
-	if r := z.rebalMeta; r != nil {
-		if r.StoppedAt.IsZero() {
+	r := z.rebalMeta
+	if r == nil {
+		return false
+	}
+	if !r.StoppedAt.IsZero() {
+		return false
+	}
+	for _, ps := range r.PoolStats {
+		if ps.Participating && ps.Info.Status != rebalCompleted {
 			return true
 		}
 	}