diff --git a/cmd/metacache-server-pool.go b/cmd/metacache-server-pool.go
index 186239c9c..e2b35aa2c 100644
--- a/cmd/metacache-server-pool.go
+++ b/cmd/metacache-server-pool.go
@@ -305,6 +305,15 @@ func (z *erasureServerPools) listMerged(ctx context.Context, o listPathOptions,
 
 	cancelList()
 	wg.Wait()
+
+	// we should return 'errs' from per disk
+	if isAllNotFound(errs) {
+		if isAllVolumeNotFound(errs) {
+			return errVolumeNotFound
+		}
+		return nil
+	}
+
 	if err != nil {
 		return err
 	}
@@ -313,13 +322,6 @@ func (z *erasureServerPools) listMerged(ctx context.Context, o listPathOptions,
 		return ctx.Err()
 	}
 
-	if isAllNotFound(errs) {
-		if isAllVolumeNotFound(errs) {
-			return errVolumeNotFound
-		}
-		return nil
-	}
-
 	for _, err := range errs {
 		if errors.Is(err, io.EOF) {
 			continue