diff --git a/drivers/mtd/cfi_flash.c b/drivers/mtd/cfi_flash.c
index 24eb33f..fdba297 100644
--- a/drivers/mtd/cfi_flash.c
+++ b/drivers/mtd/cfi_flash.c
@@ -1980,7 +1980,8 @@
 	}
 
 	/* Monitor protection ON by default */
-#if (CONFIG_SYS_MONITOR_BASE >= CONFIG_SYS_FLASH_BASE)
+#if (CONFIG_SYS_MONITOR_BASE >= CONFIG_SYS_FLASH_BASE) && \
+	(!defined(CONFIG_MONITOR_IS_IN_RAM))
 	flash_protect (FLAG_PROTECT_SET,
 		       CONFIG_SYS_MONITOR_BASE,
 		       CONFIG_SYS_MONITOR_BASE + monitor_flash_len  - 1,