diff --git a/docs/changes.rst b/docs/changes.rst
index cb7c1894dea4..1e9400f70fe9 100644
--- a/docs/changes.rst
+++ b/docs/changes.rst
@@ -1,7 +1,7 @@
 Weblate 4.8.1
 -------------
 
-Not yet released.
+Released on September 10th 2021.
 
 * Fixed user removal in Django admin interface.
 * Document add-on parameters in more detail.
diff --git a/weblate/utils/version.py b/weblate/utils/version.py
index 9f4a2cc8be5c..f3b32b32f7a5 100644
--- a/weblate/utils/version.py
+++ b/weblate/utils/version.py
@@ -35,7 +35,7 @@ def get_root_dir():
 
 
 # Weblate version
-VERSION = "4.8.1-dev"
+VERSION = "4.8.1"
 
 # Version string without suffix
 VERSION_BASE = VERSION.replace("-dev", "")