diff --git a/manager/eris-mint/version.go b/manager/eris-mint/version.go
index 86ed84bfd61248b7aa7f73727033af9c807baa07..d9f97cc180acf3f14bbf0725d87e593ba8838a85 100644
--- a/manager/eris-mint/version.go
+++ b/manager/eris-mint/version.go
@@ -28,7 +28,7 @@ const (
 	// Minor version component of the current release
 	erisMintVersionMinor = 16
 	// Patch version component of the current release
-	erisMintVersionPatch = 2
+	erisMintVersionPatch = 1
 )
 
 // Define the compatible consensus engines this application manager
diff --git a/version/version.go b/version/version.go
index 9df9800251bde821403a636459f508e3c2f7b736..200259900e2e7d83ccf7963f0560750c2f5ca714 100644
--- a/version/version.go
+++ b/version/version.go
@@ -32,7 +32,7 @@ const (
 	// Minor version component of the current release
 	erisVersionMinor = 16
 	// Patch version component of the current release
-	erisVersionPatch = 2
+	erisVersionPatch = 1
 )
 
 var erisVersion *VersionIdentifier
@@ -127,4 +127,4 @@ func (version *VersionIdentifier) MatchesMinorVersion(
 
 // IMPORTANT: Eris-DB version must be on the last line of this file for
 // the deployment script tests/build_tool.sh to pick up the right label.
-const VERSION = "0.16.2"
+const VERSION = "0.16.1"