diff --git a/ci/release/update-version.sh b/ci/release/update-version.sh
index 2c8735079f0..bd3aa6bc370 100755
--- a/ci/release/update-version.sh
+++ b/ci/release/update-version.sh
@@ -126,3 +126,5 @@ for FILE in .github/workflows/*.yaml; do
   sed_runner "s/dask-cuda.git@branch-[0-9][0-9].[0-9][0-9]/dask-cuda.git@branch-${NEXT_SHORT_TAG}/g" "${FILE}"
 done
 sed_runner "s/RAPIDS_VERSION_NUMBER=\".*/RAPIDS_VERSION_NUMBER=\"${NEXT_SHORT_TAG}\"/g" ci/build_docs.sh
+
+sed_runner "s/branch-.*/branch-${NEXT_SHORT_TAG}/g" python/nx-cugraph/README.md