diff --git a/pyproject.toml b/pyproject.toml
index cdb5b87e9ea2..759c119a373e 100644
--- a/pyproject.toml
+++ b/pyproject.toml
@@ -104,7 +104,7 @@ target-version = ['py38']
 [tool.poetry]
 
 name = "label-studio"
-version = "1.12.1.dev0"
+version = "1.12.1"
 description = "Label Studio annotation tool"
 authors = [
     "Heartex <hello@heartex.ai>",