diff --git a/Misc/NEWS.d/next/Core and Builtins/2023-02-08-17-13-31.gh-issue-101696.seJhTt.rst b/Misc/NEWS.d/next/Core and Builtins/2023-02-08-17-13-31.gh-issue-101696.seJhTt.rst
new file mode 100644
index 00000000000000..ff2bbb4b564252
--- /dev/null
+++ b/Misc/NEWS.d/next/Core and Builtins/2023-02-08-17-13-31.gh-issue-101696.seJhTt.rst	
@@ -0,0 +1 @@
+Invalidate type version tag in ``_PyStaticType_Dealloc`` for static types, avoiding bug where a false cache hit could crash the interpreter. Patch by Kumar Aditya.
diff --git a/Objects/typeobject.c b/Objects/typeobject.c
index 9ee57105204e29..90c6425ffdfea5 100644
--- a/Objects/typeobject.c
+++ b/Objects/typeobject.c
@@ -4080,6 +4080,8 @@ _PyStaticType_Dealloc(PyTypeObject *type)
     }
 
     type->tp_flags &= ~Py_TPFLAGS_READY;
+    type->tp_flags &= ~Py_TPFLAGS_VALID_VERSION_TAG;
+    type->tp_version_tag = 0;
 }