diff --git a/.ci/bwcVersions b/.ci/bwcVersions
index a8498c4f46f2a..7173155220a67 100644
--- a/.ci/bwcVersions
+++ b/.ci/bwcVersions
@@ -95,3 +95,4 @@ BWC_VERSION:
   - "2.15.1"
   - "2.16.0"
   - "2.16.1"
+  - "2.17.0"
diff --git a/buildSrc/version.properties b/buildSrc/version.properties
index 1d36dad493de7..10d307a3f7117 100644
--- a/buildSrc/version.properties
+++ b/buildSrc/version.properties
@@ -1,4 +1,4 @@
-opensearch        = 2.17.0
+opensearch        = 2.17.1
 lucene            = 9.11.1
 
 bundled_jdk_vendor = adoptium
diff --git a/libs/core/src/main/java/org/opensearch/Version.java b/libs/core/src/main/java/org/opensearch/Version.java
index 49f2a155b5664..96c6316443f27 100644
--- a/libs/core/src/main/java/org/opensearch/Version.java
+++ b/libs/core/src/main/java/org/opensearch/Version.java
@@ -139,7 +139,8 @@ public class Version implements Comparable<Version>, ToXContentFragment {
     public static final Version V_2_16_0 = new Version(2160099, org.apache.lucene.util.Version.LUCENE_9_11_1);
     public static final Version V_2_16_1 = new Version(2160199, org.apache.lucene.util.Version.LUCENE_9_11_1);
     public static final Version V_2_17_0 = new Version(2170099, org.apache.lucene.util.Version.LUCENE_9_11_1);
-    public static final Version CURRENT = V_2_17_0;
+    public static final Version V_2_17_1 = new Version(2170199, org.apache.lucene.util.Version.LUCENE_9_11_1);
+    public static final Version CURRENT = V_2_17_1;
 
     public static Version fromId(int id) {
         final Version known = LegacyESVersion.idToVersion.get(id);