diff --git a/VERSION b/VERSION
index b02d37b0f..29ef23ac1 100644
--- a/VERSION
+++ b/VERSION
@@ -1 +1 @@
-v2.0.2
\ No newline at end of file
+v2.1.0-rc.0
\ No newline at end of file
diff --git a/charts/spark-operator-chart/Chart.yaml b/charts/spark-operator-chart/Chart.yaml
index 4529ffb44..5172f7f8c 100644
--- a/charts/spark-operator-chart/Chart.yaml
+++ b/charts/spark-operator-chart/Chart.yaml
@@ -20,9 +20,9 @@ name: spark-operator
 
 description: A Helm chart for Spark on Kubernetes operator.
 
-version: 2.0.2
+version: 2.1.0-rc.0
 
-appVersion: 2.0.2
+appVersion: 2.1.0-rc.0
 
 keywords:
 - apache spark
diff --git a/charts/spark-operator-chart/README.md b/charts/spark-operator-chart/README.md
index c0e683b75..7d772030c 100644
--- a/charts/spark-operator-chart/README.md
+++ b/charts/spark-operator-chart/README.md
@@ -1,6 +1,6 @@
 # spark-operator
 
-![Version: 2.0.2](https://img.shields.io/badge/Version-2.0.2-informational?style=flat-square) ![AppVersion: 2.0.2](https://img.shields.io/badge/AppVersion-2.0.2-informational?style=flat-square)
+![Version: 2.1.0-rc.0](https://img.shields.io/badge/Version-2.1.0--rc.0-informational?style=flat-square) ![AppVersion: 2.1.0-rc.0](https://img.shields.io/badge/AppVersion-2.1.0--rc.0-informational?style=flat-square)
 
 A Helm chart for Spark on Kubernetes operator.