diff --git a/litellm/litellm_core_utils/llm_response_utils/convert_dict_to_response.py b/litellm/litellm_core_utils/llm_response_utils/convert_dict_to_response.py
index 9a0a35979db..f221dd2e0bc 100644
--- a/litellm/litellm_core_utils/llm_response_utils/convert_dict_to_response.py
+++ b/litellm/litellm_core_utils/llm_response_utils/convert_dict_to_response.py
@@ -1072,9 +1072,10 @@ def convert_to_model_response_object(
         if isinstance(e, APIError):
             raise
 
+        hide_reply: Final = response_type == "audio_transcription"
         received_args: Final = dict(
-            response_object=response_object,
-            model_response_object=model_response_object,
+            response_object="<hidden>" if hide_reply else response_object,
+            model_response_object="<hidden>" if hide_reply else model_response_object,
             response_type=response_type,
             stream=stream,
             start_time=start_time,
diff --git a/tests/unit/litellm_core_utils/llm_response_utils/test_convert_dict_to_response.py b/tests/unit/litellm_core_utils/llm_response_utils/test_convert_dict_to_response.py
index 3e197740e98..c41073e087f 100644
--- a/tests/unit/litellm_core_utils/llm_response_utils/test_convert_dict_to_response.py
+++ b/tests/unit/litellm_core_utils/llm_response_utils/test_convert_dict_to_response.py
@@ -2814,6 +2814,24 @@ class TestConvertToModelResponseObjectAudioTranscription:
         assert result.usage.output_tokens == 5
         assert result.usage.input_token_details.audio_tokens == 4
 
+    def test_parse_error_keeps_the_transcript_out_of_the_exception(self):
+        import traceback
+
+        from litellm.types.utils import TranscriptionResponse
+
+        transcript: Final = "CANARYTRANSCRIPT customer account ending 2750"
+
+        with pytest.raises(Exception, match="Invalid response object") as exc_info:
+            convert_to_model_response_object(
+                response_object={"text": transcript, "usage": {"type": "duration", "seconds": "not-a-number"}},
+                model_response_object=TranscriptionResponse(),
+                response_type="audio_transcription",
+            )
+
+        rendered: Final = "".join(traceback.format_exception(exc_info.value))
+        assert "received_args=" in rendered
+        assert "CANARYTRANSCRIPT" not in rendered
+
 class TestConvertToModelResponseObjectRerank:
     def test_basic_rerank(self):
         from litellm.types.utils import RerankResponse