diff --git a/cmd/root.go b/cmd/root.go
index ee792d39..cdfb487e 100644
--- a/cmd/root.go
+++ b/cmd/root.go
@@ -28,7 +28,7 @@ import (
 )
 
 // VERSION is the current pkgr version
-var VERSION = "0.5.0-rc.1"
+var VERSION = "0.5.0"
 
 var fs afero.Fs
 var cfg configlib.PkgrConfig