The allocated debug objects are either on the free list or in the
hashed bucket lists. So they won't get lost. However if both debug
objects and kmemleak are enabled and kmemleak scanning is done
while some of the debug objects are transitioning from one list to
the others, false negative reporting of memory leaks may happen for
those objects. For example,

[38687.275678] kmemleak: 12 new suspected memory leaks (see
/sys/kernel/debug/kmemleak)
unreferenced object 0xffff92e98aabeb68 (size 40):
  comm "ksmtuned", pid 4344, jiffies 4298403600 (age 906.430s)
  hex dump (first 32 bytes):
    00 00 00 00 00 00 00 00 d0 bc db 92 e9 92 ff ff  ................
    01 00 00 00 00 00 00 00 38 36 8a 61 e9 92 ff ff  ........86.a....
  backtrace:
    [<ffffffff8fa5378a>] kmemleak_alloc+0x4a/0xa0
    [<ffffffff8f47c019>] kmem_cache_alloc+0xe9/0x320
    [<ffffffff8f62ed96>] __debug_object_init+0x3e6/0x400
    [<ffffffff8f62ef01>] debug_object_activate+0x131/0x210
    [<fff...