diff --git a/src/common/object_pool.h b/src/common/object_pool.h
index 5787f53ff497..ac12e2b30c6e 100644
--- a/src/common/object_pool.h
+++ b/src/common/object_pool.h
@@ -41,6 +41,12 @@ class ObjectPool {
    */
   static ObjectPool* Get();
 
+  /*!
+   * \brief Get a shared ptr of the singleton instance of pool.
+   * \return Shared pointer to the Object Pool.
+   */
+  static std::shared_ptr<ObjectPool> _GetSharedRef();
+
  private:
   /*!
    * \brief Internal structure to hold pointers.
@@ -141,8 +147,13 @@ void ObjectPool<T>::Delete(T* ptr) {
 
 template <typename T>
 ObjectPool<T>* ObjectPool<T>::Get() {
-  static ObjectPool<T> inst;
-  return &inst;
+  return _GetSharedRef().get();
+}
+
+template <typename T>
+std::shared_ptr<ObjectPool<T> > ObjectPool<T>::_GetSharedRef() {
+  static std::shared_ptr<ObjectPool<T> > inst_ptr(new ObjectPool<T>());
+  return inst_ptr;
 }
 
 template <typename T>
diff --git a/src/engine/threaded_engine.h b/src/engine/threaded_engine.h
index 7a8708484f9c..9a7c32525961 100644
--- a/src/engine/threaded_engine.h
+++ b/src/engine/threaded_engine.h
@@ -251,6 +251,11 @@ class ThreadedEngine : public Engine {
 
   ThreadedEngine() {
     engine_info_ = dmlc::GetEnv("MXNET_ENGINE_INFO", false);
+
+    objpool_opr_ref_    = common::ObjectPool<ThreadedOpr>::_GetSharedRef();
+    objpool_blk_ref_    = common::ObjectPool<OprBlock>::_GetSharedRef();
+    objpool_varblk_ref_ = common::ObjectPool<VersionedVarBlock>::_GetSharedRef();
+    objpool_var_ref_    = common::ObjectPool<ThreadedVar>::_GetSharedRef();
   }
   ~ThreadedEngine() {
     {
@@ -329,6 +334,15 @@ class ThreadedEngine : public Engine {
    */
   std::mutex finished_m_;
   std::condition_variable finished_cv_;
+
+  /*!
+   * \brief Holding a shared_ptr to the object pool to prevent it from being destructed too early
+   * See also #309 (https://github.com/dmlc/mxnet/issues/309)
+   */
+  std::shared_ptr<common::ObjectPool<ThreadedOpr> >       objpool_opr_ref_;
+  std::shared_ptr<common::ObjectPool<OprBlock> >          objpool_blk_ref_;
+  std::shared_ptr<common::ObjectPool<VersionedVarBlock> > objpool_varblk_ref_;
+  std::shared_ptr<common::ObjectPool<ThreadedVar> >       objpool_var_ref_;
   /*!
    * \brief Disallow copy construction and assignment.
    */