diff --git a/CHANGELOG.md b/CHANGELOG.md
index 4c53a8d6..08b14b1b 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -15,8 +15,22 @@ recommendations of [keepachangelog.com](http://keepachangelog.com/).
 
 ### Fixed
 
-- [#985](https://github.com/airblade/paper_trail/pull/985) - Fix RecordInvalid error on nil item
-  association when belongs_to_required_by_default is enabled.
+- None
+
+## 7.1.2 (2017-08-30)
+
+### Breaking Changes
+
+- None
+
+### Added
+
+- None
+
+### Fixed
+
+- [#985](https://github.com/airblade/paper_trail/pull/985) - Fix RecordInvalid
+  error on nil item association when belongs_to_required_by_default is enabled.
 
 ## 7.1.1 (2017-08-18)
 
diff --git a/README.md b/README.md
index 5fd3df88..bd2c6df6 100644
--- a/README.md
+++ b/README.md
@@ -11,7 +11,7 @@ has been destroyed.
 | Version        | Documentation |
 | -------------- | ------------- |
 | Unreleased     | https://github.com/airblade/paper_trail/blob/master/README.md |
-| 7.1.1          | https://github.com/airblade/paper_trail/blob/v7.1.1/README.md |
+| 7.1.2          | https://github.com/airblade/paper_trail/blob/v7.1.2/README.md |
 | 6.0.2          | https://github.com/airblade/paper_trail/blob/v6.0.2/README.md |
 | 5.2.3          | https://github.com/airblade/paper_trail/blob/v5.2.3/README.md |
 | 4.2.0          | https://github.com/airblade/paper_trail/blob/v4.2.0/README.md |
diff --git a/lib/paper_trail/version_number.rb b/lib/paper_trail/version_number.rb
index 85e9eaf7..f70f60d7 100644
--- a/lib/paper_trail/version_number.rb
+++ b/lib/paper_trail/version_number.rb
@@ -7,7 +7,7 @@ module PaperTrail
   module VERSION
     MAJOR = 7
     MINOR = 1
-    TINY = 1
+    TINY = 2
     PRE = nil
 
     STRING = [MAJOR, MINOR, TINY, PRE].compact.join(".").freeze