S3 failed in NVIDIA Corporation TU116 (GTX1660S) with Linux driver nvidia-driver-530

In Ubuntu 23.04, my PC S3 failed due to Nvidia driver issue as

Jun 20 23:23:43 hugh-System kernel: NVRM: GPU 0000:01:00.0: PreserveVideoMemoryAllocations module parameter is set. System Power Management attempted without driver procfs suspen>
Jun 20 23:23:43 hugh-System kernel: nvidia 0000:01:00.0: PM: pci_pm_suspend(): nv_pmops_suspend+0x0/0x30 [nvidia] returns -5
Jun 20 23:23:43 hugh-System kernel: nvidia 0000:01:00.0: PM: dpm_run_callback(): pci_pm_suspend+0x0/0x1b0 returns -5
Jun 20 23:23:43 hugh-System kernel: nvidia 0000:01:00.0: PM: failed to suspend async: error -5
Jun 20 23:23:43 hugh-System kernel: PM: Some devices failed to suspend, or early wake event detected

Kernel Version :
6.2.0-23-generic

GFX Card Info:
VGA compatible controller [0300]: NVIDIA Corporation TU116 [GeForce GTX 1660 SUPER] [10de:21c4]
Subsystem: ASUSTeK Computer Inc. TU116 [GeForce GTX 1660 SUPER] [1043:8787]