diff --git a/cmd/erasure-server-pool-rebalance.go b/cmd/erasure-server-pool-rebalance.go
index d4f57b008..c23c10d83 100644
--- a/cmd/erasure-server-pool-rebalance.go
+++ b/cmd/erasure-server-pool-rebalance.go
@@ -353,6 +353,7 @@ func (z *erasureServerPools) rebalanceBuckets(ctx context.Context, poolIdx int)
 				z.rebalMu.Lock()
 				z.rebalMeta.PoolStats[poolIdx].Info.Status = rebalStopped
 				z.rebalMeta.PoolStats[poolIdx].Info.EndTime = now
+				z.rebalMeta.cancel = nil // remove the already used context.CancelFunc
 				z.rebalMu.Unlock()
 
 				rebalDone = true
diff --git a/cmd/notification.go b/cmd/notification.go
index 93db127ba..8be8557f5 100644
--- a/cmd/notification.go
+++ b/cmd/notification.go
@@ -649,6 +649,15 @@ func (sys *NotificationSys) StopRebalance(ctx context.Context) {
 			logger.LogIf(logger.SetReqInfo(ctx, reqInfo), nErr.Err)
 		}
 	}
+
+	objAPI := newObjectLayerFn()
+	if objAPI == nil {
+		logger.LogIf(ctx, errServerNotInitialized)
+		return
+	}
+	if pools, ok := objAPI.(*erasureServerPools); ok {
+		pools.StopRebalance()
+	}
 }
 
 // LoadRebalanceMeta notifies all peers to load rebalance.bin from object layer.