diff --git a/inbox.py b/inbox.py
index 2cf20da1c..88e680aae 100644
--- a/inbox.py
+++ b/inbox.py
@@ -5911,11 +5911,11 @@ def run_inbox_queue(server,
                 if not isinstance(pub_key, dict):
                     if debug:
                         print('DEBUG: public key: ' + str(pub_key))
-                    pub_key = None
                 else:
                     if debug:
                         print('DEBUG: http code error for public key: ' +
                               str(pub_key))
+                    pub_key = None
                 break
 
             if debug: