diff --git a/ingestion/Dockerfile b/ingestion/Dockerfile
index 170a2546cce6..593d1dde16e2 100644
--- a/ingestion/Dockerfile
+++ b/ingestion/Dockerfile
@@ -81,7 +81,7 @@ ARG INGESTION_DEPENDENCY="all"
 ENV PIP_NO_CACHE_DIR=1
 # Make pip silent
 ENV PIP_QUIET=1
-ARG RI_VERSION="1.2.3.0"
+ARG RI_VERSION="1.2.3.1"
 RUN pip install --upgrade pip
 RUN pip install "openmetadata-managed-apis~=${RI_VERSION}" --constraint "https://raw.githubusercontent.com/apache/airflow/constraints-2.6.3/constraints-3.9.txt"
 RUN pip install "openmetadata-ingestion[${INGESTION_DEPENDENCY}]~=${RI_VERSION}"
diff --git a/ingestion/operators/docker/Dockerfile b/ingestion/operators/docker/Dockerfile
index 430332b3884a..a6edcb331f2c 100644
--- a/ingestion/operators/docker/Dockerfile
+++ b/ingestion/operators/docker/Dockerfile
@@ -87,7 +87,7 @@ ENV PIP_QUIET=1
 RUN pip install --upgrade pip
 
 ARG INGESTION_DEPENDENCY="all"
-ARG RI_VERSION="1.2.3.0"
+ARG RI_VERSION="1.2.3.1"
 RUN pip install --upgrade pip
 RUN pip install "openmetadata-ingestion[airflow]~=${RI_VERSION}"
 RUN pip install "openmetadata-ingestion[${INGESTION_DEPENDENCY}]~=${RI_VERSION}"
diff --git a/ingestion/setup.py b/ingestion/setup.py
index 2c4f4599cb96..324dc4c81557 100644
--- a/ingestion/setup.py
+++ b/ingestion/setup.py
@@ -312,7 +312,7 @@ def get_long_description():
 build_options = {"includes": ["_cffi_backend"]}
 setup(
     name="openmetadata-ingestion",
-    version="1.2.3.0",
+    version="1.2.3.1",
     url="https://open-metadata.org/",
     author="OpenMetadata Committers",
     license="Apache License 2.0",
diff --git a/openmetadata-airflow-apis/setup.py b/openmetadata-airflow-apis/setup.py
index 3bc6c2568262..5ae718e489f4 100644
--- a/openmetadata-airflow-apis/setup.py
+++ b/openmetadata-airflow-apis/setup.py
@@ -69,7 +69,7 @@ def get_long_description():
     packages=find_packages(include=[f"{PLUGIN_NAME}.*", PLUGIN_NAME]),
     include_package_data=True,
     package_data={PLUGIN_NAME: get_package_data()},
-    version="1.2.3.0",
+    version="1.2.3.1",
     url="https://open-metadata.org/",
     author="OpenMetadata Committers",
     license="Apache License 2.0",