diff --git a/Libraries/Image/AssetSourceResolver.js b/Libraries/Image/AssetSourceResolver.js
index 624c6225c2008f..bc671090b25b5f 100644
--- a/Libraries/Image/AssetSourceResolver.js
+++ b/Libraries/Image/AssetSourceResolver.js
@@ -114,7 +114,12 @@ class AssetSourceResolver {
    */
   scaledAssetURLNearBundle(): ResolvedAssetSource {
     const path = this.jsbundleUrl || 'file://';
-    return this.fromSource(path + getScaledAssetPath(this.asset));
+    return this.fromSource(
+      // Assets can have relative paths outside of the project root.
+      // When bundling them we replace `../` with `_` to make sure they
+      // don't end up outside of the expected assets directory.
+      path + getScaledAssetPath(this.asset).replace(/\.\.\//g, '_'),
+    );
   }
 
   /**
diff --git a/Libraries/Image/__tests__/resolveAssetSource-test.js b/Libraries/Image/__tests__/resolveAssetSource-test.js
index 287e0657beb5ac..ee752bd7322c4a 100644
--- a/Libraries/Image/__tests__/resolveAssetSource-test.js
+++ b/Libraries/Image/__tests__/resolveAssetSource-test.js
@@ -143,6 +143,29 @@ describe('resolveAssetSource', () => {
         },
       );
     });
+
+    it('resolves an image with a relative path outside of root', () => {
+      expectResolvesAsset(
+        {
+          __packager_asset: true,
+          fileSystemLocation: '/module/a',
+          httpServerLocation: '/assets/../../module/a',
+          width: 100,
+          height: 200,
+          scales: [1],
+          hash: '5b6f00f',
+          name: 'logo',
+          type: 'png',
+        },
+        {
+          __packager_asset: true,
+          width: 100,
+          height: 200,
+          uri: 'file:///Path/To/Sample.app/assets/__module/a/logo.png',
+          scale: 1,
+        },
+      );
+    });
   });
 
   describe('bundle was loaded from assets on Android', () => {
@@ -175,6 +198,29 @@ describe('resolveAssetSource', () => {
         },
       );
     });
+
+    it('resolves an image with a relative path outside of root', () => {
+      expectResolvesAsset(
+        {
+          __packager_asset: true,
+          fileSystemLocation: '/module/a',
+          httpServerLocation: '/assets/../../module/a',
+          width: 100,
+          height: 200,
+          scales: [1],
+          hash: '5b6f00f',
+          name: 'logo',
+          type: 'png',
+        },
+        {
+          __packager_asset: true,
+          width: 100,
+          height: 200,
+          uri: '__module_a_logo',
+          scale: 1,
+        },
+      );
+    });
   });
 
   describe('bundle was loaded from file on Android', () => {