diff --git a/History.rdoc b/History.rdoc
index cab37a378..49d3b3a63 100644
--- a/History.rdoc
+++ b/History.rdoc
@@ -1,4 +1,4 @@
-=== 12.1.0(development)
+=== 12.1.0
 
 ==== Enhancements:
 
diff --git a/lib/rake/version.rb b/lib/rake/version.rb
index a240aa5a4..7a309b9dc 100644
--- a/lib/rake/version.rb
+++ b/lib/rake/version.rb
@@ -1,6 +1,6 @@
 # frozen_string_literal: true
 module Rake
-  VERSION = "12.0.0"
+  VERSION = "12.1.0"
 
   module Version # :nodoc: all
     MAJOR, MINOR, BUILD, *OTHER = Rake::VERSION.split "."