diff --git a/ext/phar/phar_object.c b/ext/phar/phar_object.c
index e32b530b82297..13fc3079320b4 100644
--- a/ext/phar/phar_object.c
+++ b/ext/phar/phar_object.c
@@ -2111,10 +2111,14 @@ static zend_object *phar_rename_archive(phar_archive_data **sphar, char *ext) /*
 				pphar->flags = phar->flags;
 				pphar->fp = phar->fp;
 				phar->fp = NULL;
+				/* FIX: GH-10755 Double-free issue caught by ASAN check */
+				pphar->alias = phar->alias; /* Transfer alias to pphar to */
+				phar->alias = NULL;         /* avoid being free'd twice   */
 				phar_destroy_phar_data(phar);
 				*sphar = NULL;
 				phar = pphar;
-				phar->refcount++;
+				/* FIX: GH-10755 Memory leak in phar_rename_archive() */
+				/* phar->refcount++; */
 				newpath = oldpath;
 				goto its_ok;
 			}
diff --git a/ext/phar/tests/bug69958.phpt b/ext/phar/tests/bug69958.phpt
index b53c76a104951..447efce57db7c 100644
--- a/ext/phar/tests/bug69958.phpt
+++ b/ext/phar/tests/bug69958.phpt
@@ -1,7 +1,5 @@
 --TEST--
 Phar: bug #69958: Segfault in Phar::convertToData on invalid file
---XFAIL--
-Still has memory leaks, see https://bugs.php.net/bug.php?id=70005
 --EXTENSIONS--
 phar
 --FILE--
@@ -10,8 +8,8 @@ $tarphar = new PharData(__DIR__.'/bug69958.tar');
 $phar = $tarphar->convertToData(Phar::TAR);
 ?>
 --EXPECTF--
-Fatal error: Uncaught BadMethodCallException: phar "%s/bug69958.tar" exists and must be unlinked prior to conversion in %s/bug69958.php:%d
+Fatal error: Uncaught BadMethodCallException: phar "%sbug69958.tar" exists and must be unlinked prior to conversion in %sbug69958.php:%d
 Stack trace:
-#0 %s/bug69958.php(%d): PharData->convertToData(%d)
+#0 %sbug69958.php(%d): PharData->convertToData(%d)
 #1 {main}
-  thrown in %s/bug69958.php on line %d
+  thrown in %sbug69958.php on line %d