LG C3 webOS24 9.2.1-2605 update causing VRR issues with PS5

Hello everyone, I updated my LG C3 to webOS24 9.2.1-2605 over the weekend. Since then if I launch any game on my PS5 with a 120fps VRR mode, the picture becomes distorted and does not resolve until I close the app or disable 120Hz VRR within the PS5 settings. My PS5 is currently hooked up to a denon HDMI 2.1 compatible receiver and has worked without issue until the new WebOs update was installed. The HDMI port on the Denon is working, when I disable VRR the ps5 is no longer distorted and plays games without visual issues.

Is anyone else experiencing this behavior or is there a current fix?

I plugged in my ps5 into a 4k monitor and the behavior does not replicate indicating an issue with the TV.