diff --git a/setup-mini.cfg b/setup-mini.cfg
index e818b33947b..84394528e28 100644
--- a/setup-mini.cfg
+++ b/setup-mini.cfg
@@ -1,6 +1,6 @@
 [metadata]
 name = scancode-toolkit
-version = 32.0.0rc1
+version = 32.0.0rc2
 license = Apache-2.0 AND CC-BY-4.0 AND LicenseRef-scancode-other-permissive AND LicenseRef-scancode-other-copyleft
 
 # description must be on ONE line https://github.com/pypa/setuptools/issues/1390
diff --git a/setup.cfg b/setup.cfg
index fda90e5e4f8..afa42855642 100644
--- a/setup.cfg
+++ b/setup.cfg
@@ -1,6 +1,6 @@
 [metadata]
 name = scancode-toolkit
-version = 32.0.0rc1
+version = 32.0.0rc2
 license = Apache-2.0 AND CC-BY-4.0 AND LicenseRef-scancode-other-permissive AND LicenseRef-scancode-other-copyleft
 
 # description must be on ONE line https://github.com/pypa/setuptools/issues/1390
diff --git a/src/scancode_config.py b/src/scancode_config.py
index baee1e994d2..ca83e1555ba 100644
--- a/src/scancode_config.py
+++ b/src/scancode_config.py
@@ -132,7 +132,7 @@ def _create_dir(location):
 # 4. hardcoded This is the default, fallback version in case package is not installed or we
 # do not have a proper version otherwise.
 if not __version__:
-    __version__ = '32.0.0rc1'
+    __version__ = '32.0.0rc2'
 
 #######################
 # used to warn user when the version is out of date