तत्त्वस्वरूपानुभवादुत्पन्नं ज्ञानमंजसा ।अहं ममेति चाज्ञानं बाधते दिग्भ्रमादिवत् ॥ ४६ ॥
In plain words
The knowledge born of actually experiencing what Reality is annuls, immediately, the ignorance that says 'I' and 'mine' — the way getting your bearings annuls the certainty that north was over there.
Close to the Sanskrit
The knowledge arisen from the direct experience of the essential nature of Reality at once annuls the ignorance of 'I' and 'mine', as in the case of directional confusion and the like.