diff --git a/docs/source/conf.py b/docs/source/conf.py
index 812de95..a5e6593 100644
--- a/docs/source/conf.py
+++ b/docs/source/conf.py
@@ -58,9 +58,9 @@
 # built documents.
 #
 # The short X.Y version.
-version = '0.4'
+version = '0.3'
 # The full version, including alpha/beta/rc tags.
-release = '0.4.dev1'
+release = '0.3.1'
 
 # The language for content autogenerated by Sphinx. Refer to documentation
 # for a list of supported languages.
diff --git a/setup.py b/setup.py
index 88aa066..96c14c7 100755
--- a/setup.py
+++ b/setup.py
@@ -81,7 +81,7 @@
     name='custodia',
     description='A service to manage, retrieve and store secrets',
     long_description=long_description,
-    version='0.4.dev1',
+    version='0.3.1',
     license='GPLv3+',
     maintainer='Custodia project Contributors',
     maintainer_email='simo@redhat.com',