diff --git a/version/rawversion/version.go b/version/rawversion/version.go
index 5129d815d7..c74ec74c7d 100644
--- a/version/rawversion/version.go
+++ b/version/rawversion/version.go
@@ -7,4 +7,4 @@ package rawversion
 //
 // NOTE: remember to bump the version at the top of the top-level README.md
 // file when this is bumped.
-const RawVersion = "5.3.0-dev"
+const RawVersion = "5.3.0-rc3"