diff --git a/docs/source/conf.py b/docs/source/conf.py
index d073a109d..db2e3a398 100644
--- a/docs/source/conf.py
+++ b/docs/source/conf.py
@@ -22,7 +22,7 @@
 copyright = f'2022-{datetime.now().year}, {author}'
 
 # The full version, including alpha/beta/rc tags
-release = '4.30.0'
+release = '4.31.0'
 
 
 # -- General configuration ---------------------------------------------------
diff --git a/pyproject.toml b/pyproject.toml
index a3fcbfc65..743b62475 100644
--- a/pyproject.toml
+++ b/pyproject.toml
@@ -4,7 +4,7 @@ build-backend = "hatchling.build"
 
 [project]
 name = "pyTelegramBotAPI"
-version = "4.30.0"
+version = "4.31.0"
 description = "Python Telegram bot API."
 authors = [{name = "eternnoir", email = "eternnoir@gmail.com"}]
 license = {text = "GPL2"}
diff --git a/telebot/version.py b/telebot/version.py
index ae511fd66..9353cfe3c 100644
--- a/telebot/version.py
+++ b/telebot/version.py
@@ -1,3 +1,3 @@
 # Versions should comply with PEP440.
 # This line is parsed in setup.py:
-__version__ = '4.30.0'
+__version__ = '4.31.0'