diff --git a/version/version.go b/version/version.go
index 91c85debc3..9239ac6a65 100644
--- a/version/version.go
+++ b/version/version.go
@@ -2,7 +2,7 @@ package version
 
 var (
 	// Version should be updated by hand at each release
-	Version = "0.5.0-rc2"
+	Version = "0.5.0-rc3"
 
 	// GitCommit will be overwritten automatically by the build system
 	GitCommit = "HEAD"