diff --git a/ballerina/Ballerina.toml b/ballerina/Ballerina.toml
index 53a5d4e2..8252ac66 100644
--- a/ballerina/Ballerina.toml
+++ b/ballerina/Ballerina.toml
@@ -16,10 +16,10 @@ graalvmCompatible = true
 groupId = "io.ballerina.stdlib"
 artifactId = "sql-native"
 version = "1.12.0"
-path = "../native/build/libs/sql-native-1.12.0-SNAPSHOT.jar"
+path = "../native/build/libs/sql-native-1.12.0.jar"
 
 [[platform.java17.dependency]]
-path = "../test-utils/build/libs/sql-test-utils-1.12.0-SNAPSHOT.jar"
+path = "../test-utils/build/libs/sql-test-utils-1.12.0.jar"
 scope = "testOnly"
 
 [[platform.java17.dependency]]
diff --git a/ballerina/CompilerPlugin.toml b/ballerina/CompilerPlugin.toml
index 7e9ed6e0..d8d47b3b 100644
--- a/ballerina/CompilerPlugin.toml
+++ b/ballerina/CompilerPlugin.toml
@@ -3,4 +3,4 @@ id = "sql-compiler-plugin"
 class = "io.ballerina.stdlib.sql.compiler.SQLCompilerPlugin"
 
 [[dependency]]
-path = "../compiler-plugin/build/libs/sql-compiler-plugin-1.12.0-SNAPSHOT.jar"
+path = "../compiler-plugin/build/libs/sql-compiler-plugin-1.12.0.jar"
diff --git a/ballerina/Dependencies.toml b/ballerina/Dependencies.toml
index 439d32bd..71bc9bc5 100644
--- a/ballerina/Dependencies.toml
+++ b/ballerina/Dependencies.toml
@@ -23,7 +23,7 @@ dependencies = [
 [[package]]
 org = "ballerina"
 name = "cache"
-version = "3.7.1"
+version = "3.7.0"
 scope = "testOnly"
 dependencies = [
 	{org = "ballerina", name = "constraint"},
@@ -35,7 +35,7 @@ dependencies = [
 [[package]]
 org = "ballerina"
 name = "constraint"
-version = "1.5.0"
+version = "1.4.0"
 scope = "testOnly"
 dependencies = [
 	{org = "ballerina", name = "jballerina.java"}
@@ -69,7 +69,7 @@ modules = [
 [[package]]
 org = "ballerina"
 name = "http"
-version = "2.10.6"
+version = "2.10.0"
 scope = "testOnly"
 dependencies = [
 	{org = "ballerina", name = "auth"},
@@ -111,7 +111,6 @@ modules = [
 org = "ballerina"
 name = "jballerina.java"
 version = "0.0.0"
-scope = "testOnly"
 modules = [
 	{org = "ballerina", packageName = "jballerina.java", moduleName = "jballerina.java"}
 ]
@@ -282,7 +281,7 @@ dependencies = [
 [[package]]
 org = "ballerina"
 name = "observe"
-version = "1.2.2"
+version = "1.2.0"
 scope = "testOnly"
 dependencies = [
 	{org = "ballerina", name = "jballerina.java"}
@@ -345,7 +344,6 @@ modules = [
 org = "ballerina"
 name = "time"
 version = "2.4.0"
-scope = "testOnly"
 dependencies = [
 	{org = "ballerina", name = "jballerina.java"}
 ]
diff --git a/gradle.properties b/gradle.properties
index c43443a7..fe38baa6 100644
--- a/gradle.properties
+++ b/gradle.properties
@@ -1,5 +1,5 @@
 group=io.ballerina.stdlib
-version=1.12.0-SNAPSHOT
+version=1.12.1-SNAPSHOT
 
 puppycrawlCheckstyleVersion=10.12.1
 hikkariLibVersion=3.3.1