diff --git a/README.md b/README.md
index 7395aad8..c550b429 100644
--- a/README.md
+++ b/README.md
@@ -32,8 +32,8 @@ OGB is an on-going effort, and we are planning to increase our coverage in the f
 
 ## Installation
 You can install OGB using Python's package manager `pip`.
-**If you have previously installed ogb, please make sure you update the version to 1.2.2.**
-The release note is available [here](https://github.com/snap-stanford/ogb/releases/tag/1.2.2).
+**If you have previously installed ogb, please make sure you update the version to 1.2.3.**
+The release note is available [here](https://github.com/snap-stanford/ogb/releases/tag/1.2.3).
 
 #### Requirements
  - Python>=3.5
@@ -55,7 +55,7 @@ pip install ogb
 
 ```bash
 python -c "import ogb; print(ogb.__version__)"
-# This should print "1.2.2". Otherwise, please update the version by
+# This should print "1.2.3". Otherwise, please update the version by
 pip install -U ogb
 ```
 
diff --git a/ogb/version.py b/ogb/version.py
index 1ebc1234..16ffd2f5 100644
--- a/ogb/version.py
+++ b/ogb/version.py
@@ -2,7 +2,7 @@
 import logging
 from threading import Thread
 
-__version__ = '1.2.2'
+__version__ = '1.2.3'
 
 try:
     os.environ['OUTDATED_IGNORE'] = '1'