diff --git a/.bumpversion.cfg b/.bumpversion.cfg
index 143d94e9189..55055b8dc40 100644
--- a/.bumpversion.cfg
+++ b/.bumpversion.cfg
@@ -1,5 +1,5 @@
 [bumpversion]
-current_version = 1.2.2
+current_version = 1.2.3
 files = setup.py src/scancode/__init__.py
 commit = False
 tag = False
diff --git a/setup.py b/setup.py
index fb7c37460be..8dac8ac6928 100644
--- a/setup.py
+++ b/setup.py
@@ -29,7 +29,7 @@ def read(*names, **kwargs):
 
 setup(
     name='scancode-toolkit',
-    version='1.2.2',
+    version='1.2.3',
     license='Apache-2.0 with ScanCode acknowledgment and CC0-1.0 and others',
     description='ScanCode is a tool to scan code for license, copyright and other interesting facts.',
     long_description=long_description,
diff --git a/src/scancode/__init__.py b/src/scancode/__init__.py
index 0e00b39d862..52a6270d1cc 100644
--- a/src/scancode/__init__.py
+++ b/src/scancode/__init__.py
@@ -22,4 +22,4 @@
 #  ScanCode is a free software code scanning tool from nexB Inc. and others.
 #  Visit https://github.com/nexB/scancode-toolkit/ for support and download.
 
-__version__ = '1.2.2'
+__version__ = '1.2.3'