diff --git a/common/hugo/version_current.go b/common/hugo/version_current.go
index 36704205b..aa361b189 100644
--- a/common/hugo/version_current.go
+++ b/common/hugo/version_current.go
@@ -17,7 +17,7 @@ package hugo
 // This should be the only one.
 var CurrentVersion = Version{
 	Major:      0,
-	Minor:      120,
-	PatchLevel: 3,
-	Suffix:     "",
+	Minor:      121,
+	PatchLevel: 0,
+	Suffix:     "-DEV",
 }
diff --git a/hugoreleaser.env b/hugoreleaser.env
index 250b3fe0c..dc1f5cd62 100644
--- a/hugoreleaser.env
+++ b/hugoreleaser.env
@@ -1,7 +1,8 @@
 # Release env. 
 # These will be replaced by script before release.
-HUGORELEASER_TAG=v0.120.2
-HUGORELEASER_COMMITISH=9c2b2414d231ec1bdaf3e3a030bf148a45c7aa17
+HUGORELEASER_TAG=v0.120.3
+HUGORELEASER_COMMITISH=a4892a07b41b7b3f1f143140ee4ec0a9a5cf3970
+