diff --git a/CHANGELOG.adoc b/CHANGELOG.adoc
index 7a1c3638d..6055fadd8 100644
--- a/CHANGELOG.adoc
+++ b/CHANGELOG.adoc
@@ -9,6 +9,7 @@ For a detailed view of what has changed, refer to the {url-repo}/commits/main[co
 
 Bug Fixes::
 
+* don't warn about missing character in fallback font when inline image is advanced to next page (#2492)
 * support toc start at value for page numbering and running content when toc is added using macro (#2489)
 * fix page number of index entries in prepress book when page numbering starts at toc or after toc and toc is inserted using macro (#2487)
 
diff --git a/lib/asciidoctor/pdf/ext/prawn/formatted_text/box.rb b/lib/asciidoctor/pdf/ext/prawn/formatted_text/box.rb
index 4b140bdd6..0bdaa0ad1 100644
--- a/lib/asciidoctor/pdf/ext/prawn/formatted_text/box.rb
+++ b/lib/asciidoctor/pdf/ext/prawn/formatted_text/box.rb
@@ -33,7 +33,9 @@ def draw_fragment_overlay_styles fragment
   end
 
   # help Prawn correctly resolve which font to analyze, including the font style
+  # also instruct Prawn to ignore fragment for inline image since the text is just a placeholder
   def analyze_glyphs_for_fallback_font_support fragment_hash
+    return [fragment_hash] if fragment_hash[:image_obj]
     fragment_font = fragment_hash[:font] || (original_font = @document.font.family)
     effective_font_styles = @document.font_styles
     fragment_font_opts = {}
diff --git a/spec/image_spec.rb b/spec/image_spec.rb
index 2e6adfda8..1abcb752f 100644
--- a/spec/image_spec.rb
+++ b/spec/image_spec.rb
@@ -2150,6 +2150,24 @@ def traverse node
       (expect to_file).to visually_match 'image-wrap-inline.pdf'
     end
 
+    it 'should not warn about missing image placeholder char in fallback font when image is advanced to next page' do
+      (expect do
+        filler = %w(filler) * 26 * %(\n\n)
+        pdf = to_pdf <<~EOS, pdf_theme: { extends: 'default-with-font-fallbacks' }
+        #{filler}
+
+        #{'x' * 200} Look for the image:square.png[].
+        EOS
+        (expect pdf.pages).to have_size 2
+        (expect get_images pdf).to have_size 1
+        (expect (get_images pdf, 1)).to be_empty
+        (expect (get_images pdf, 2)).to have_size 1
+        pdf.pages.each do |page|
+          (expect page.text).not_to include ?\u2063
+        end
+      end).to not_log_message using_log_level: :INFO
+    end
+
     it 'should increase line height if height if image height is more than 1.5x line height', visual: true do
       to_file = to_pdf_file <<~'EOS', 'image-inline-extends-line-height.pdf'
       see tux run +
@@ -2188,9 +2206,9 @@ def traverse node
       (expect to_file).to visually_match 'image-inline-scale-down-height.pdf'
     end
 
-    it 'should not warn about missing glyph for image placeholder char when using AFM font' do
+    it 'should not warn about missing image placeholder char in AFM font when image is advanced to next page' do
       (expect do
-        pdf = to_pdf <<~'EOS', attribute_overrides: { 'pdf-theme' => 'base' }, analyze: :image
+        pdf = to_pdf <<~'EOS', attribute_overrides: { 'pdf-theme' => 'base' }
         :pdf-page-size: A6
         :pdf-page-layout: landscape
 
@@ -2198,8 +2216,13 @@ def traverse node
 
         image:square.png[pdfwidth=7cm]
         EOS
-        (expect (images = pdf.images)).to have_size 1
-        (expect images[0][:page_number]).to be 2
+        (expect pdf.pages).to have_size 2
+        (expect get_images pdf).to have_size 1
+        (expect (get_images pdf, 1)).to be_empty
+        (expect (get_images pdf, 2)).to have_size 1
+        pdf.pages.each do |page|
+          (expect page.text).not_to include ?\u2063
+        end
       end).to not_log_message using_log_level: :INFO
     end