diff --git a/litellm/proxy/common_request_processing.py b/litellm/proxy/common_request_processing.py
index e7a08711eb1..4005b5bebd8 100644
--- a/litellm/proxy/common_request_processing.py
+++ b/litellm/proxy/common_request_processing.py
@@ -3967,7 +3967,11 @@ class ProxyBaseLLMRequestProcessing:
             # Starlette closes on disconnect, so the nested iterator hook (which
             # only sees GeneratorExit on GC) cannot own the refund.
             client_disconnected = not stream_completed
-            if not delivered_chunk and not _withheld_provider_output(response):
+            if (
+                not delivered_chunk
+                and not _withheld_provider_output(response)
+                and user_api_key_dict.agent_invocation_cost is None
+            ):
                 from litellm.proxy.spend_tracking.budget_reservation import (
                     release_budget_reservation_on_cancel,
                 )
diff --git a/tests/test_litellm/proxy/test_budget_reservation.py b/tests/test_litellm/proxy/test_budget_reservation.py
index c8e4df1030f..6d2c10321e8 100644
--- a/tests/test_litellm/proxy/test_budget_reservation.py
+++ b/tests/test_litellm/proxy/test_budget_reservation.py
@@ -3720,3 +3720,38 @@ async def test_unreserved_model_access_group_is_charged_alongside_a_reserved_one
     assert counter_cache.in_memory_cache.get_cache(
         key=model_access_group_spend_counter_key("starter")
     ) == pytest.approx(4.2)
+
+
+@pytest.mark.asyncio
+@pytest.mark.parametrize("invocation_cost", [0.0, 0.01])
+async def test_agent_stream_cancellation_leaves_refund_to_request_cleanup(spend_counter_state, invocation_cost):
+    from litellm.proxy.middleware.budget_reservation_release_middleware import BudgetReservationReleaseMiddleware
+    from litellm.proxy.spend_tracking.budget_reservation import release_unbound_budget_reservation
+
+    counter_cache, _ = spend_counter_state
+    key = "spend:agent:cancelled-agent"
+    counter_cache.set_cache(key, invocation_cost)
+    reservation = {"reserved_cost": invocation_cost, "input_cost": 0.0, "finalized": False, "entries": [{"counter_key": key, "reserved_cost": invocation_cost}]}
+    auth = UserAPIKeyAuth()
+    auth.agent_invocation_cost = invocation_cost
+    auth.budget_reservation = reservation
+
+    async def cancel_before_chunk(user_api_key_dict, response, request_data):
+        raise asyncio.CancelledError()
+        yield "unreachable"
+
+    generator, logging = _drive_streaming_cancel(auth, cancel_before_chunk)
+
+    async def app(scope, receive, send):
+        try:
+            await anext(generator)
+        finally:
+            assert reservation["finalized"] is False
+            assert await counter_cache.async_get_cache(key) == pytest.approx(invocation_cost)
+
+    middleware = BudgetReservationReleaseMiddleware(app, release_unbound_budget_reservation)
+    with pytest.raises(asyncio.CancelledError):
+        await middleware({"type": "http", "state": {"budget_reservation": reservation}}, AsyncMock(), AsyncMock())
+    assert reservation["finalized"] is True
+    assert await counter_cache.async_get_cache(key) == pytest.approx(0.0)
+    logging._arelease_max_parallel_requests_on_disconnect.assert_awaited_once()