Could not find/open font (ImageTTFBBox, imageTTFText)

At version 4.0.5 and earlier it does work.
Now in Version 4.0.6 it doesn't work

<?php
header("Content-type: image/png");


$text = "Test";
$fontfile = "../fonts/times.ttf";
$fontsize = 22;
$fontangle = 0;
$dimtxt = ImageTTFBBox( $fontsize, $fontangle, $fontfile, $text );

$border = 10;
$txtsizex = abs($dimtxt[4] - $dimtxt[0]);
$txtsizey = abs($dimtxt[5] - $dimtxt[1]);
$imgsizex = $txtsizex + 3*$border;
$imgsizey = $txtsizey + 5*$border;
$txtposx = $border;
$txtposy = $txtsizey + $border;

$img = imageCreate( $imgsizex, $imgsizey);

$col1 = imagecolorallocate( $img, 153, 0, 51);
$col2 = imagecolorallocate( $img, 255, 255, 255);
                
imagefill( $img, 0, 0, $col1);
imageTTFText( $img, $fontsize, $fontangle, $txtposx, $txtposy, $col2, $fontfile, $text );

imagepng( $img );
imagedestroy( $img );
?>