diff --git a/CHANGELOG.txt b/CHANGELOG.txt
index e594f91ac..3c0988dd2 100644
--- a/CHANGELOG.txt
+++ b/CHANGELOG.txt
@@ -1,4 +1,7 @@
 == Changelog ==
+= 2.12 - 2023-08-07 =
+* BUG FIX: Fixed issue where password reset attempts may incorrectly show that the user's password reset key is invalid. #2561 (@dparker1005, @andrewlimaza)
+
 = 2.12 - 2023-08-04 =
 * FEATURE: Added integration with LifterLMS to streamline setting up that plugin when Paid Memberships Pro is active. #2533 (@ideadude, @MaximilianoRicoTabo)
 * ENHANCEMENT: A “no access” message can now be set when restricting Elementor widgets. #2525 (@andrewlimaza)
diff --git a/package.json b/package.json
index c11d9ae70..2409cc472 100644
--- a/package.json
+++ b/package.json
@@ -1,6 +1,6 @@
 {
   "name": "paid-memberships-pro",
-  "version": "2.11.2",
+  "version": "2.12.1",
   "description": "WordPress Membership Plugin",
   "main": "webpack.config.js",
   "directories": {
diff --git a/paid-memberships-pro.php b/paid-memberships-pro.php
index 582df5ea2..75d33667c 100644
--- a/paid-memberships-pro.php
+++ b/paid-memberships-pro.php
@@ -3,7 +3,7 @@
  * Plugin Name: Paid Memberships Pro
  * Plugin URI: https://www.paidmembershipspro.com
  * Description: The most complete member management and membership subscriptions plugin for WordPress.
- * Version: 2.12
+ * Version: 2.12.1
  * Author: Paid Memberships Pro
  * Author URI: https://www.paidmembershipspro.com
  * Text Domain: paid-memberships-pro
@@ -16,7 +16,7 @@
  */
 
 // version constant
-define( 'PMPRO_VERSION', '2.12' );
+define( 'PMPRO_VERSION', '2.12.1' );
 define( 'PMPRO_USER_AGENT', 'Paid Memberships Pro v' . PMPRO_VERSION . '; ' . site_url() );
 define( 'PMPRO_MIN_PHP_VERSION', '5.6' );
 
diff --git a/readme.txt b/readme.txt
index a3ddc1ebe..feca44b3c 100644
--- a/readme.txt
+++ b/readme.txt
@@ -4,7 +4,7 @@ Tags: memberships, members, subscriptions, ecommerce, user registration, member,
 Requires at least: 5.2
 Tested up to: 6.3
 Requires PHP: 5.6
-Stable tag: 2.12
+Stable tag: 2.12.1
 
 WordPress membership plugin: restrict content, accept member subscriptions with recurring payment. Includes user registration, login, & profile fields
 
@@ -156,6 +156,9 @@ Not sure? You can find out by doing a bit a research.
 9. Membership Account page, display all sections or show specific sections using shortcode attributes.
 
 == Changelog ==
+= 2.12 - 2023-08-07 =
+* BUG FIX: Fixed issue where password reset attempts may incorrectly show that the user's password reset key is invalid. #2561 (@dparker1005, @andrewlimaza)
+
 = 2.12 - 2023-08-04 =
 * FEATURE: Added integration with LifterLMS to streamline setting up that plugin when Paid Memberships Pro is active. #2533 (@ideadude, @MaximilianoRicoTabo)
 * ENHANCEMENT: A “no access” message can now be set when restricting Elementor widgets. #2525 (@andrewlimaza)