diff --git a/src/specmap/lib/refs.js b/src/specmap/lib/refs.js
index 1bc109956..a40c2a6ee 100644
--- a/src/specmap/lib/refs.js
+++ b/src/specmap/lib/refs.js
@@ -16,6 +16,26 @@ const JSONRefError = createError('JSONRefError', function (message, extra, oriEr
 const docCache = {}
 const specmapRefs = new WeakMap()
 
+const skipResolutionTestFns = [
+  path => (
+    // OpenAPI 3.0 Response Media Type Example
+    // ["paths", *, *, "responses", *, "content", *, "example"]
+    path[0] === 'paths'
+    && path[3] === 'responses'
+    && path[5] === 'content'
+    && path[7] === 'example'
+  ),
+  path => (
+    // OpenAPI 3.0 Request Body Media Type Example
+    // ["paths", *, *, "responses", *, "content", *, "example"]
+    path[0] === 'paths'
+    && path[3] === 'requestBody'
+    && path[4] === 'content'
+    && path[6] === 'example'
+  )
+]
+
+const shouldSkipResolution = path => skipResolutionTestFns.some(fn => fn(path))
 
 // =========================
 // Core
@@ -45,7 +65,8 @@ const plugin = {
   plugin: (ref, key, fullPath, specmap) => {
     const specmapInstance = specmap.getInstance()
     const parent = fullPath.slice(0, -1)
-    if (isFreelyNamed(parent)) {
+
+    if (isFreelyNamed(parent) || shouldSkipResolution(parent)) {
       return
     }
 
diff --git a/test/bugs/ui-4924.js b/test/bugs/ui-4924.js
new file mode 100644
index 000000000..9d13356cf
--- /dev/null
+++ b/test/bugs/ui-4924.js
@@ -0,0 +1,110 @@
+// https://github.com/swagger-api/swagger-ui/issues/4466
+// https://github.com/swagger-api/swagger-ui/issues/4467
+
+import resolveSubtree from '../../src/subtree-resolver'
+
+const spec = {
+  openapi: '3.0.0',
+  paths: {
+    '/order': {
+      post: {
+        requestBody: {
+          content: {
+            'application/json': {
+              example: {
+                user: {
+                  $ref: '#/components/examples/User/value'
+                },
+                quantity: 1
+              }
+            }
+          }
+        },
+        responses: {
+          200: {
+            description: 'OK',
+            content: {
+              'application/json': {
+                example: {
+                  user: {
+                    $ref: '#/components/examples/User/value'
+                  },
+                  quantity: 1
+                }
+              }
+            }
+          }
+        }
+      }
+    }
+  },
+  components: {
+    examples: {
+      User: {
+        value: {
+          id: 1,
+          name: 'Sasha'
+        }
+      }
+    }
+  }
+}
+
+
+test(
+  'should not resolve $ref pointers within OpenAPI RequestBody/Response media type examples',
+  async () => {
+    const res = await resolveSubtree(spec, [])
+
+    expect(res).toEqual({
+      errors: [],
+      spec: {
+        $$normalized: true,
+        openapi: '3.0.0',
+        paths: {
+          '/order': {
+            post: {
+              requestBody: {
+                content: {
+                  'application/json': {
+                    example: {
+                      user: {
+                        $ref: '#/components/examples/User/value'
+                      },
+                      quantity: 1
+                    }
+                  }
+                }
+              },
+              responses: {
+                200: {
+                  description: 'OK',
+                  content: {
+                    'application/json': {
+                      example: {
+                        user: {
+                          $ref: '#/components/examples/User/value'
+                        },
+                        quantity: 1
+                      }
+                    }
+                  }
+                }
+              }
+            }
+          }
+        },
+        components: {
+          examples: {
+            User: {
+              value: {
+                id: 1,
+                name: 'Sasha'
+              }
+            }
+          }
+        }
+      }
+    })
+  }
+)