diff --git a/src/runtime/cgocall.go b/src/runtime/cgocall.go
index 8ffb48a888..2626216f95 100644
--- a/src/runtime/cgocall.go
+++ b/src/runtime/cgocall.go
@@ -212,6 +212,8 @@ func cgocallbackg(fn, frame unsafe.Pointer, ctxt uintptr) {
 	// a different M. The call to unlockOSThread is in unwindm.
 	lockOSThread()
 
+	checkm := gp.m
+
 	// Save current syscall parameters, so m.syscall can be
 	// used again if callback decide to make syscall.
 	syscall := gp.m.syscall
@@ -227,15 +229,20 @@ func cgocallbackg(fn, frame unsafe.Pointer, ctxt uintptr) {
 
 	osPreemptExtExit(gp.m)
 
-	cgocallbackg1(fn, frame, ctxt)
+	cgocallbackg1(fn, frame, ctxt) // will call unlockOSThread
 
 	// At this point unlockOSThread has been called.
 	// The following code must not change to a different m.
 	// This is enforced by checking incgo in the schedule function.
 
+	gp.m.incgo = true
+
+	if gp.m != checkm {
+		throw("m changed unexpectedly in cgocallbackg")
+	}
+
 	osPreemptExtEnter(gp.m)
 
-	gp.m.incgo = true
 	// going back to cgo call
 	reentersyscall(savedpc, uintptr(savedsp))
 
@@ -244,6 +251,11 @@ func cgocallbackg(fn, frame unsafe.Pointer, ctxt uintptr) {
 
 func cgocallbackg1(fn, frame unsafe.Pointer, ctxt uintptr) {
 	gp := getg()
+
+	// When we return, undo the call to lockOSThread in cgocallbackg.
+	// We must still stay on the same m.
+	defer unlockOSThread()
+
 	if gp.m.needextram || atomic.Load(&extraMWaiters) > 0 {
 		gp.m.needextram = false
 		systemstack(newextram)
@@ -323,10 +335,6 @@ func unwindm(restore *bool) {
 
 		releasem(mp)
 	}
-
-	// Undo the call to lockOSThread in cgocallbackg.
-	// We must still stay on the same m.
-	unlockOSThread()
 }
 
 // called from assembly
diff --git a/src/runtime/crash_cgo_test.go b/src/runtime/crash_cgo_test.go
index 7d25c51aa2..5729942cee 100644
--- a/src/runtime/crash_cgo_test.go
+++ b/src/runtime/crash_cgo_test.go
@@ -282,6 +282,15 @@ func TestCgoTracebackContext(t *testing.T) {
 	}
 }
 
+func TestCgoTracebackContextPreemption(t *testing.T) {
+	t.Parallel()
+	got := runTestProg(t, "testprogcgo", "TracebackContextPreemption")
+	want := "OK\n"
+	if got != want {
+		t.Errorf("expected %q got %v", want, got)
+	}
+}
+
 func testCgoPprof(t *testing.T, buildArg, runArg, top, bottom string) {
 	t.Parallel()
 	if runtime.GOOS != "linux" || (runtime.GOARCH != "amd64" && runtime.GOARCH != "ppc64le") {
diff --git a/src/runtime/testdata/testprogcgo/tracebackctxt.go b/src/runtime/testdata/testprogcgo/tracebackctxt.go
index 51fa4ad25c..62ff8eccd6 100644
--- a/src/runtime/testdata/testprogcgo/tracebackctxt.go
+++ b/src/runtime/testdata/testprogcgo/tracebackctxt.go
@@ -2,8 +2,6 @@
 // Use of this source code is governed by a BSD-style
 // license that can be found in the LICENSE file.
 
-// The __attribute__((weak)) used below doesn't seem to work on Windows.
-
 package main
 
 // Test the context argument to SetCgoTraceback.
@@ -14,20 +12,24 @@ package main
 extern void C1(void);
 extern void C2(void);
 extern void tcContext(void*);
+extern void tcContextSimple(void*);
 extern void tcTraceback(void*);
 extern void tcSymbolizer(void*);
 extern int getContextCount(void);
+extern void TracebackContextPreemptionCallGo(int);
 */
 import "C"
 
 import (
 	"fmt"
 	"runtime"
+	"sync"
 	"unsafe"
 )
 
 func init() {
 	register("TracebackContext", TracebackContext)
+	register("TracebackContextPreemption", TracebackContextPreemption)
 }
 
 var tracebackOK bool
@@ -105,3 +107,30 @@ wantLoop:
 		tracebackOK = false
 	}
 }
+
+// Issue 47441.
+func TracebackContextPreemption() {
+	runtime.SetCgoTraceback(0, unsafe.Pointer(C.tcTraceback), unsafe.Pointer(C.tcContextSimple), unsafe.Pointer(C.tcSymbolizer))
+
+	const funcs = 10
+	const calls = 1e5
+	var wg sync.WaitGroup
+	for i := 0; i < funcs; i++ {
+		wg.Add(1)
+		go func(i int) {
+			defer wg.Done()
+			for j := 0; j < calls; j++ {
+				C.TracebackContextPreemptionCallGo(C.int(i*calls + j))
+			}
+		}(i)
+	}
+	wg.Wait()
+
+	fmt.Println("OK")
+}
+
+//export TracebackContextPreemptionGoFunction
+func TracebackContextPreemptionGoFunction(i C.int) {
+	// Do some busy work.
+	fmt.Sprintf("%d\n", i)
+}
diff --git a/src/runtime/testdata/testprogcgo/tracebackctxt_c.c b/src/runtime/testdata/testprogcgo/tracebackctxt_c.c
index 900cada0d3..910cb7b899 100644
--- a/src/runtime/testdata/testprogcgo/tracebackctxt_c.c
+++ b/src/runtime/testdata/testprogcgo/tracebackctxt_c.c
@@ -11,6 +11,7 @@
 // Functions exported from Go.
 extern void G1(void);
 extern void G2(void);
+extern void TracebackContextPreemptionGoFunction(int);
 
 void C1() {
 	G1();
@@ -62,10 +63,17 @@ void tcContext(void* parg) {
 	}
 }
 
+void tcContextSimple(void* parg) {
+	struct cgoContextArg* arg = (struct cgoContextArg*)(parg);
+	if (arg->context == 0) {
+		arg->context = 1;
+	}
+}
+
 void tcTraceback(void* parg) {
 	int base, i;
 	struct cgoTracebackArg* arg = (struct cgoTracebackArg*)(parg);
-	if (arg->context == 0) {
+	if (arg->context == 0 && arg->sigContext == 0) {
 		// This shouldn't happen in this program.
 		abort();
 	}
@@ -89,3 +97,7 @@ void tcSymbolizer(void *parg) {
 	arg->func = "cFunction";
 	arg->lineno = arg->pc + (arg->more << 16);
 }
+
+void TracebackContextPreemptionCallGo(int i) {
+	TracebackContextPreemptionGoFunction(i);
+}