diff --git a/lib/valueflow.cpp b/lib/valueflow.cpp
index ecda35927..97c2c453d 100644
--- a/lib/valueflow.cpp
+++ b/lib/valueflow.cpp
@@ -3470,7 +3470,7 @@ static std::vector<ValueFlow::LifetimeToken> getLifetimeTokens(const Token* tok,
                 errorPath.emplace_back(varDeclEndToken, "Passed to reference.");
                 return {{tok, true, std::move(errorPath)}};
             }
-            if (Token::simpleMatch(varDeclEndToken, "=")) {
+            if (Token::Match(varDeclEndToken, "=|{")) {
                 errorPath.emplace_back(varDeclEndToken, "Assigned to reference.");
                 const Token *vartok = varDeclEndToken->astOperand2();
                 const bool temporary = isTemporary(true, vartok, nullptr, true);
diff --git a/test/testautovariables.cpp b/test/testautovariables.cpp
index 2978f54dd..8873ccaef 100644
--- a/test/testautovariables.cpp
+++ b/test/testautovariables.cpp
@@ -121,6 +121,7 @@ private:
         TEST_CASE(returnReference23);
         TEST_CASE(returnReference24); // #10098
         TEST_CASE(returnReference25); // #10983
+        TEST_CASE(returnReference26);
         TEST_CASE(returnReferenceFunction);
         TEST_CASE(returnReferenceContainer);
         TEST_CASE(returnReferenceLiteral);
@@ -1649,6 +1650,16 @@ private:
         ASSERT_EQUALS("", errout.str());
     }
 
+    void returnReference26()
+    {
+        check("const int& f() {\n" // #12153
+              "    int x = 234;\n"
+              "    int& s{ x };\n"
+              "    return s;\n"
+              "}\n");
+        ASSERT_EQUALS("[test.cpp:3] -> [test.cpp:4]: (error) Reference to local variable returned.\n", errout.str());
+    }
+
     void returnReferenceFunction() {
         check("int& f(int& a) {\n"
               "    return a;\n"