diff --git a/VERSION b/VERSION
index 54e58cde83..7b9d3f8d2c 100644
--- a/VERSION
+++ b/VERSION
@@ -1 +1 @@
-v24.6.1
+v24.8.1
diff --git a/ee/VERSION b/ee/VERSION
index 8194d2e551..6b24557cff 100644
--- a/ee/VERSION
+++ b/ee/VERSION
@@ -1 +1 @@
-v24.6.1 Enterprise Edition
+v24.8.1 Enterprise Edition