diff --git a/drivers/serial/uart_rtt.c b/drivers/serial/uart_rtt.c
index 59044d87e60cb..7ed234329b80d 100644
--- a/drivers/serial/uart_rtt.c
+++ b/drivers/serial/uart_rtt.c
@@ -10,8 +10,6 @@
 
 #define DT_DRV_COMPAT segger_rtt_uart
 
-extern struct k_mutex rtt_term_mutex;
-
 struct uart_rtt_config {
 	void *up_buffer;
 	size_t up_size;
@@ -100,21 +98,8 @@ static int uart_rtt_tx(const struct device *dev,
 
 	ARG_UNUSED(timeout);
 
-	/* RTT mutex cannot be claimed in ISRs */
-	if (k_is_in_isr()) {
-		return -ENOTSUP;
-	}
-
-	/* Claim the RTT lock */
-	if (k_mutex_lock(&rtt_term_mutex, K_NO_WAIT) != 0) {
-		return -EBUSY;
-	}
-
 	/* Output the buffer */
-	SEGGER_RTT_WriteNoLock(ch, buf, len);
-
-	/* Return RTT lock */
-	SEGGER_RTT_UNLOCK();
+	SEGGER_RTT_Write(ch, buf, len);
 
 	/* Send the TX complete callback */
 	if (data->callback) {
diff --git a/modules/segger/Kconfig b/modules/segger/Kconfig
index fd04ac99b0f82..597b4ab9f32ce 100644
--- a/modules/segger/Kconfig
+++ b/modules/segger/Kconfig
@@ -23,7 +23,7 @@ if USE_SEGGER_RTT
 config SEGGER_RTT_CUSTOM_LOCKING
 	bool "Custom locking"
 	help
-	  Enable custom locking using a mutex.
+	  Enable custom locking using Zephyr APIs.
 
 config SEGGER_RTT_MAX_NUM_UP_BUFFERS
 	int "Maximum number of up-buffers"
diff --git a/modules/segger/SEGGER_RTT_zephyr.c b/modules/segger/SEGGER_RTT_zephyr.c
index b7b8e83e4abcb..a673f15d3d69e 100644
--- a/modules/segger/SEGGER_RTT_zephyr.c
+++ b/modules/segger/SEGGER_RTT_zephyr.c
@@ -9,41 +9,13 @@
 #include <zephyr/init.h>
 #include "SEGGER_RTT.h"
 
-/*
- * Common mutex for locking access to terminal buffer.
- * Note that SEGGER uses same lock macros for both SEGGER_RTT_Write and
- * SEGGER_RTT_Read functions. Because of this we are not able generally
- * separate up and down access using two mutexes until SEGGER library fix
- * this.
- *
- * If sharing access cause performance problems, consider using another
- * non terminal buffers.
- */
-
-K_MUTEX_DEFINE(rtt_term_mutex);
-
 static int rtt_init(void)
 {
-
 	SEGGER_RTT_Init();
 
 	return 0;
 }
 
-#ifdef CONFIG_MULTITHREADING
-
-void zephyr_rtt_mutex_lock(void)
-{
-	k_mutex_lock(&rtt_term_mutex, K_FOREVER);
-}
-
-void zephyr_rtt_mutex_unlock(void)
-{
-	k_mutex_unlock(&rtt_term_mutex);
-}
-
-#endif /* CONFIG_MULTITHREADING */
-
 unsigned int zephyr_rtt_irq_lock(void)
 {
 	return irq_lock();
@@ -54,6 +26,4 @@ void zephyr_rtt_irq_unlock(unsigned int key)
 	irq_unlock(key);
 }
 
-
-
 SYS_INIT(rtt_init, PRE_KERNEL_1, CONFIG_KERNEL_INIT_PRIORITY_OBJECTS);
diff --git a/west.yml b/west.yml
index e6b06fc71fab1..6c2227d0bff85 100644
--- a/west.yml
+++ b/west.yml
@@ -317,7 +317,7 @@ manifest:
       path: modules/lib/picolibc
       revision: 27746bbc246841852912fc3bb5b45094cd8a505a
     - name: segger
-      revision: b011c45b585e097d95d9cf93edf4f2e01588d3cd
+      revision: 798f95ea9304e5ed8165a661081443051f210733
       path: modules/debug/segger
       groups:
         - debug