diff --git a/CHANGELOG.md b/CHANGELOG.md
index e75ac7aa50..cc50310c9b 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,6 +1,8 @@
 # CHANGELOG
 
-## Release 127.0.2 (in development)
+## Release 127.0.3 (in development)
+
+## Release 127.0.2
 
 ### Enhancements
 
diff --git a/VERSION b/VERSION
index d7681030e5..f3dfee4b8e 100644
--- a/VERSION
+++ b/VERSION
@@ -1,4 +1,4 @@
 VERSION_MAJOR=127
 VERSION_MINOR=0
-VERSION_PATCH=2
+VERSION_PATCH=3
 VERSION_SUFFIX=-dev