diff --git a/system/libraries/Session/drivers/Session_memcached_driver.php b/system/libraries/Session/drivers/Session_memcached_driver.php
index 760239d..9d7ab11 100644
--- a/system/libraries/Session/drivers/Session_memcached_driver.php
+++ b/system/libraries/Session/drivers/Session_memcached_driver.php
@@ -300,7 +300,10 @@
 	 */
 	protected function _get_lock($session_id)
 	{
-		if (isset($this->_lock_key))
+		// PHP 7 reuses the SessionHandler object on regeneration,
+		// so we need to check here if the lock key is for the
+		// correct session ID.
+		if ($this->_lock_key === $this->_key_prefix.$session_id.':lock')
 		{
 			return ($this->_memcached->replace($this->_lock_key, time(), 300))
 				? $this->_success
diff --git a/system/libraries/Session/drivers/Session_redis_driver.php b/system/libraries/Session/drivers/Session_redis_driver.php
index b60ef6b..a31c453 100644
--- a/system/libraries/Session/drivers/Session_redis_driver.php
+++ b/system/libraries/Session/drivers/Session_redis_driver.php
@@ -314,7 +314,10 @@
 	 */
 	protected function _get_lock($session_id)
 	{
-		if (isset($this->_lock_key))
+		// PHP 7 reuses the SessionHandler object on regeneration,
+		// so we need to check here if the lock key is for the
+		// correct session ID.
+		if ($this->_lock_key === $this->_key_prefix.$session_id.':lock')
 		{
 			return $this->_redis->setTimeout($this->_lock_key, 300);
 		}
diff --git a/user_guide_src/source/changelog.rst b/user_guide_src/source/changelog.rst
index 2ac5213..d63696a 100644
--- a/user_guide_src/source/changelog.rst
+++ b/user_guide_src/source/changelog.rst
@@ -9,8 +9,8 @@
 
 -  General Changes
 
-   -  Updated :doc:`Security Library <libraries/security>` method ``get_random_bytes()`` to use PHP7's ``random_bytes()`` function when possible.
-   -  Updated :doc:`Encryption Library <libraries/security>` method ``create_key()`` to use PHP7's ``random_bytes()`` function when possible.
+   -  Updated :doc:`Security Library <libraries/security>` method ``get_random_bytes()`` to use PHP 7's ``random_bytes()`` function when possible.
+   -  Updated :doc:`Encryption Library <libraries/security>` method ``create_key()`` to use PHP 7's ``random_bytes()`` function when possible.
 
 Bug fixes for 3.0.4
 -------------------
@@ -32,6 +32,7 @@
 -  Fixed a bug (#4343) - :doc:`Email Library <libraries/email>` failing with a *"More than one 'from' person"* message when using *sendmail*.
 -  Fixed a bug (#4350) - :doc:`Loader Library <libraries/loader>` method ``model()`` logic directly instantiated the ``CI_Model`` or ``MY_Model`` classes.
 -  Fixed a bug (#4337) - :doc:`Database <database/index>` method ``query()`` didn't return a result set for queries with the ``RETURNING`` statement on PostgreSQL.
+-  Fixed a bug (#4362) - :doc:`Session Library <libraries/sessions>` doesn't properly maintain its state after ID regeneration with the 'redis' and 'memcached' drivers on PHP 7.
 
 Version 3.0.3
 =============
@@ -53,7 +54,7 @@
 -------------------
 
 -  Fixed a bug (#4170) - :doc:`Database <database/index>` method ``insert_id()`` could return an identity from the wrong scope with the 'sqlsrv' driver.
--  Fixed a bug (#4179) - :doc:`Session Library <libraries/sessions>` doesn't properly maintain its state after ID regeneration with the 'database' driver on PHP7.
+-  Fixed a bug (#4179) - :doc:`Session Library <libraries/sessions>` doesn't properly maintain its state after ID regeneration with the 'database' driver on PHP 7.
 -  Fixed a bug (#4173) - :doc:`Database Forge <database/forge>` method ``add_key()`` didn't allow creation of non-PRIMARY composite keys after the "bugfix" for #3968.
 -  Fixed a bug (#4171) - :doc:`Database Transactions <database/transactions>` didn't work with nesting in methods ``trans_begin()``, ``trans_commit()``, ``trans_rollback()``.
 -  Fixed a bug where :doc:`Database Transaction <database/transactions>` methods ``trans_begin()``, ``trans_commit()``, ``trans_rollback()`` ignored failures.