According to Andy Chou of Coverity on Twitter https://twitter.com/_achou/status/454287263917043712 - "We looked at the code and it turns out the bug is caused by something we don't currently detect." and then goes on to say "But we're going to look into it further. In cases like this it is not only about finding the defect it's also about not flagging hundreds/thousands of false positives at the same time"

So no, Coverity wouldn't find it.