diff --git a/docs/en/docs/release-notes.md b/docs/en/docs/release-notes.md
index b50a2f2dc3..7c2ea54f93 100644
--- a/docs/en/docs/release-notes.md
+++ b/docs/en/docs/release-notes.md
@@ -7,6 +7,8 @@ hide:
 
 ## Latest Changes
 
+## 0.121.1
+
 ### Fixes
 
 * 🐛 Fix `Depends(func, scope='function')` for top level (parameterless) dependencies. PR [#14301](https://github.com/fastapi/fastapi/pull/14301) by [@luzzodev](https://github.com/luzzodev).
diff --git a/fastapi/__init__.py b/fastapi/__init__.py
index f4a952bf5c..5c4804e196 100644
--- a/fastapi/__init__.py
+++ b/fastapi/__init__.py
@@ -1,6 +1,6 @@
 """FastAPI framework, high performance, easy to learn, fast to code, ready for production"""
 
-__version__ = "0.121.0"
+__version__ = "0.121.1"
 
 from starlette import status as status