diff --git a/Zend/zend_compile.c b/Zend/zend_compile.c
index 57c012ac71a6..a54cce0f5579 100644
--- a/Zend/zend_compile.c
+++ b/Zend/zend_compile.c
@@ -8083,6 +8083,8 @@ typedef struct {
 	bool varvars_used;
 } closure_info;
 
+static void find_implicit_binds(closure_info *info, zend_ast *params_ast, zend_ast *stmt_ast);
+
 static void find_implicit_binds_recursively(closure_info *info, zend_ast *ast) {
 	if (!ast) {
 		return;
@@ -8127,7 +8129,15 @@ static void find_implicit_binds_recursively(closure_info *info, zend_ast *ast) {
 	} else if (ast->kind == ZEND_AST_ARROW_FUNC) {
 		/* For arrow functions recursively check the expression. */
 		zend_ast_decl *closure_ast = (zend_ast_decl *) ast;
-		find_implicit_binds_recursively(info, closure_ast->child[2]);
+		closure_info inner_info;
+		find_implicit_binds(&inner_info, closure_ast->child[0], closure_ast->child[2]);
+		if (inner_info.varvars_used) {
+			info->varvars_used = true;
+		}
+		if (zend_hash_num_elements(&inner_info.uses)) {
+			zend_hash_copy(&info->uses, &inner_info.uses, NULL);
+		}
+		zend_hash_destroy(&inner_info.uses);
 	} else if (!zend_ast_is_special(ast)) {
 		uint32_t i, children = zend_ast_get_num_children(ast);
 		for (i = 0; i < children; i++) {
diff --git a/ext/opcache/tests/gh19867.phpt b/ext/opcache/tests/gh19867.phpt
new file mode 100644
index 000000000000..bbe957b20886
--- /dev/null
+++ b/ext/opcache/tests/gh19867.phpt
@@ -0,0 +1,35 @@
+--TEST--
+GH-19867: Avoid capturing nested arrow function parameters
+--EXTENSIONS--
+opcache
+--INI--
+opcache.enable_cli=1
+opcache.opt_debug_level=0x20000
+--FILE--
+<?php
+fn() => fn($a, $b) => $a + $b;
+?>
+--EXPECTF--
+$_main:
+     ; (lines=%d, args=0, vars=%d, tmps=%d)
+     ; (after optimizer)
+     ; %s
+0000 T0 = DECLARE_LAMBDA_FUNCTION 0
+0001 FREE T0
+0002 RETURN int(1)
+
+{closure:%s:%d}:
+     ; (lines=%d, args=0, vars=%d, tmps=%d)
+     ; (after optimizer)
+     ; %s
+0000 T0 = DECLARE_LAMBDA_FUNCTION 0
+0001 RETURN T0
+
+{closure:%s:%d}:
+     ; (lines=%d, args=2, vars=%d, tmps=%d)
+     ; (after optimizer)
+     ; %s
+0000 CV0($a) = RECV 1
+0001 CV1($b) = RECV 2
+0002 T2 = ADD CV0($a) CV1($b)
+0003 RETURN T2