diff --git a/lib/version.rb b/lib/version.rb
index e5c9757d7fd..2a87a0cc27f 100644
--- a/lib/version.rb
+++ b/lib/version.rb
@@ -5,7 +5,7 @@ module Discourse
       MAJOR = 1
       MINOR = 2
       TINY  = 0
-      PRE   = 'beta2'
+      PRE   = 'beta3'
 
       STRING = [MAJOR, MINOR, TINY, PRE].compact.join('.')
     end