diff --git a/src/read.rs b/src/read.rs
index 522c0e011..574857cd8 100644
--- a/src/read.rs
+++ b/src/read.rs
@@ -587,7 +587,10 @@ impl<'a> Read<'a> for SliceRead<'a> {
         V: Visitor<'a>,
     {
         let raw = &self.slice[self.raw_buffering_start_index..self.index];
-        let raw = str::from_utf8(raw).unwrap();
+        let raw = match str::from_utf8(raw) {
+            Ok(raw) => raw,
+            Err(_) => return error(self, ErrorCode::InvalidUnicodeCodePoint),
+        };
         visitor.visit_map(BorrowedRawDeserializer {
             raw_value: Some(raw),
         })
diff --git a/tests/test.rs b/tests/test.rs
index ffe58c979..2fe7c560a 100644
--- a/tests/test.rs
+++ b/tests/test.rs
@@ -2201,6 +2201,25 @@ fn test_boxed_raw_value() {
     assert_eq!(r#"["a",42,{"foo": "bar"},null]"#, array_to_string);
 }
 
+#[cfg(feature = "raw_value")]
+#[test]
+fn test_raw_invalid_utf8() {
+    use serde_json::value::RawValue;
+
+    let j = &[b'"', b'\xCE', b'\xF8', b'"'];
+    let value_err = serde_json::from_slice::<Value>(j).unwrap_err();
+    let raw_value_err = serde_json::from_slice::<Box<RawValue>>(j).unwrap_err();
+
+    assert_eq!(
+        value_err.to_string(),
+        "invalid unicode code point at line 1 column 4",
+    );
+    assert_eq!(
+        raw_value_err.to_string(),
+        "invalid unicode code point at line 1 column 4",
+    );
+}
+
 #[test]
 fn test_borrow_in_map_key() {
     #[derive(Deserialize, Debug)]