dnf check-update still shows updates for a version locked package

Issue

dnf check-update still shows updates for a version locked package, returns code 100:

# dnf versionlock add wget-1.19.5-7.el8.x86_64
Updating Subscription Management repositories.
Last metadata expiration check: 0:06:28 ago on Tue 10 Sep 2019 01:10:55 EDT.
Adding versionlock on: wget-0:1.19.5-7.el8.*

# dnf check-update wget
Updating Subscription Management repositories.
Last metadata expiration check: 0:12:23 ago on Tue 10 Sep 2019 01:20:15 EDT.

wget.x86_64                   1.19.5-7.el8_0.1                   rhel-8-for-x86_64-appstream-rpms
# echo $?
100