diff --git a/configure b/configure
index d17d2caad90..7a0bd7b9e84 100755
--- a/configure
+++ b/configure
@@ -1,6 +1,6 @@
 #! /bin/sh
 # Guess values for system-dependent variables and create Makefiles.
-# Generated by GNU Autoconf 2.69 for Citus 11.2devel.
+# Generated by GNU Autoconf 2.69 for Citus 11.3devel.
 #
 #
 # Copyright (C) 1992-1996, 1998-2012 Free Software Foundation, Inc.
@@ -579,8 +579,8 @@ MAKEFLAGS=
 # Identity of this package.
 PACKAGE_NAME='Citus'
 PACKAGE_TARNAME='citus'
-PACKAGE_VERSION='11.2devel'
-PACKAGE_STRING='Citus 11.2devel'
+PACKAGE_VERSION='11.3devel'
+PACKAGE_STRING='Citus 11.3devel'
 PACKAGE_BUGREPORT=''
 PACKAGE_URL=''
 
@@ -1262,7 +1262,7 @@ if test "$ac_init_help" = "long"; then
   # Omit some internal or obsolete options to make the list less imposing.
   # This message is too long to be a string in the A/UX 3.1 sh.
   cat <<_ACEOF
-\`configure' configures Citus 11.2devel to adapt to many kinds of systems.
+\`configure' configures Citus 11.3devel to adapt to many kinds of systems.
 
 Usage: $0 [OPTION]... [VAR=VALUE]...
 
@@ -1324,7 +1324,7 @@ fi
 
 if test -n "$ac_init_help"; then
   case $ac_init_help in
-     short | recursive ) echo "Configuration of Citus 11.2devel:";;
+     short | recursive ) echo "Configuration of Citus 11.3devel:";;
    esac
   cat <<\_ACEOF
 
@@ -1429,7 +1429,7 @@ fi
 test -n "$ac_init_help" && exit $ac_status
 if $ac_init_version; then
   cat <<\_ACEOF
-Citus configure 11.2devel
+Citus configure 11.3devel
 generated by GNU Autoconf 2.69
 
 Copyright (C) 2012 Free Software Foundation, Inc.
@@ -1912,7 +1912,7 @@ cat >config.log <<_ACEOF
 This file contains any messages produced by compilers while
 running configure, to aid debugging if configure makes a mistake.
 
-It was created by Citus $as_me 11.2devel, which was
+It was created by Citus $as_me 11.3devel, which was
 generated by GNU Autoconf 2.69.  Invocation command line was
 
   $ $0 $@
@@ -5393,7 +5393,7 @@ cat >>$CONFIG_STATUS <<\_ACEOF || ac_write_fail=1
 # report actual input values of CONFIG_FILES etc. instead of their
 # values after options handling.
 ac_log="
-This file was extended by Citus $as_me 11.2devel, which was
+This file was extended by Citus $as_me 11.3devel, which was
 generated by GNU Autoconf 2.69.  Invocation command line was
 
   CONFIG_FILES    = $CONFIG_FILES
@@ -5455,7 +5455,7 @@ _ACEOF
 cat >>$CONFIG_STATUS <<_ACEOF || ac_write_fail=1
 ac_cs_config="`$as_echo "$ac_configure_args" | sed 's/^ //; s/[\\""\`\$]/\\\\&/g'`"
 ac_cs_version="\\
-Citus config.status 11.2devel
+Citus config.status 11.3devel
 configured by $0, generated by GNU Autoconf 2.69,
   with options \\"\$ac_cs_config\\"
 
diff --git a/configure.ac b/configure.ac
index 75cf2cf71ed..1f63078dd34 100644
--- a/configure.ac
+++ b/configure.ac
@@ -5,7 +5,7 @@
 # everyone needing autoconf installed, the resulting files are checked
 # into the SCM.
 
-AC_INIT([Citus], [11.2devel])
+AC_INIT([Citus], [11.3devel])
 AC_COPYRIGHT([Copyright (c) Citus Data, Inc.])
 
 # we'll need sed and awk for some of the version commands
diff --git a/src/backend/distributed/citus.control b/src/backend/distributed/citus.control
index 0d6bb3a9bef..5367c84a9d9 100644
--- a/src/backend/distributed/citus.control
+++ b/src/backend/distributed/citus.control
@@ -1,6 +1,6 @@
 # Citus extension
 comment = 'Citus distributed database'
-default_version = '11.2-1'
+default_version = '11.3-1'
 module_pathname = '$libdir/citus'
 relocatable = false
 schema = pg_catalog
diff --git a/src/backend/distributed/sql/citus--11.2-1--11.3-1.sql b/src/backend/distributed/sql/citus--11.2-1--11.3-1.sql
new file mode 100644
index 00000000000..981c5f3758a
--- /dev/null
+++ b/src/backend/distributed/sql/citus--11.2-1--11.3-1.sql
@@ -0,0 +1,4 @@
+-- citus--11.2-1--11.3-1
+
+-- bump version to 11.3-1
+
diff --git a/src/backend/distributed/sql/downgrades/citus--11.3-1--11.2-1.sql b/src/backend/distributed/sql/downgrades/citus--11.3-1--11.2-1.sql
new file mode 100644
index 00000000000..7d71235d730
--- /dev/null
+++ b/src/backend/distributed/sql/downgrades/citus--11.3-1--11.2-1.sql
@@ -0,0 +1,2 @@
+-- citus--11.3-1--11.2-1
+-- this is an empty downgrade path since citus--11.2-1--11.3-1.sql is empty for now
diff --git a/src/test/regress/citus_tests/config.py b/src/test/regress/citus_tests/config.py
index 856b7d74d9b..40de2a3b68d 100644
--- a/src/test/regress/citus_tests/config.py
+++ b/src/test/regress/citus_tests/config.py
@@ -38,7 +38,7 @@
 
 MASTER = "master"
 # This should be updated when citus version changes
-MASTER_VERSION = "11.2"
+MASTER_VERSION = "11.3"
 
 HOME = expanduser("~")
 
diff --git a/src/test/regress/expected/multi_extension.out b/src/test/regress/expected/multi_extension.out
index 7ba049c6ca1..092ec9e5ce7 100644
--- a/src/test/regress/expected/multi_extension.out
+++ b/src/test/regress/expected/multi_extension.out
@@ -773,6 +773,14 @@ SELECT 1 FROM columnar_table; -- seq scan
 ERROR:  loaded Citus library version differs from installed extension version
 CREATE TABLE new_columnar_table (a int) USING columnar;
 ERROR:  loaded Citus library version differs from installed extension version
+-- disable version checks for other sessions too
+ALTER SYSTEM SET citus.enable_version_checks TO OFF;
+SELECT pg_reload_conf();
+ pg_reload_conf
+---------------------------------------------------------------------
+ t
+(1 row)
+
 -- do cleanup for the rest of the tests
 SET citus.enable_version_checks TO OFF;
 SET columnar.enable_version_checks TO OFF;
@@ -1303,12 +1311,28 @@ SELECT * FROM multi_extension.print_extension_changes();
                                                                                                                                                                                                                                                                                         | type cluster_clock
 (38 rows)
 
+-- Test downgrade to 11.2-1 from 11.3-1
+ALTER EXTENSION citus UPDATE TO '11.3-1';
+ALTER EXTENSION citus UPDATE TO '11.2-1';
+-- Should be empty result since upgrade+downgrade should be a no-op
+SELECT * FROM multi_extension.print_extension_changes();
+ previous_object | current_object
+---------------------------------------------------------------------
+(0 rows)
+
+-- Snapshot of state at 11.3-1
+ALTER EXTENSION citus UPDATE TO '11.3-1';
+SELECT * FROM multi_extension.print_extension_changes();
+ previous_object | current_object
+---------------------------------------------------------------------
+(0 rows)
+
 DROP TABLE multi_extension.prev_objects, multi_extension.extension_diff;
 -- show running version
 SHOW citus.version;
  citus.version
 ---------------------------------------------------------------------
- 11.2devel
+ 11.3devel
 (1 row)
 
 -- ensure no unexpected objects were created outside pg_catalog
@@ -1329,11 +1353,19 @@ ORDER BY 1, 2;
 -- see incompatible version errors out
 RESET citus.enable_version_checks;
 RESET columnar.enable_version_checks;
+-- reset version check config for other sessions too
+ALTER SYSTEM RESET citus.enable_version_checks;
+SELECT pg_reload_conf();
+ pg_reload_conf
+---------------------------------------------------------------------
+ t
+(1 row)
+
 DROP EXTENSION citus;
 DROP EXTENSION citus_columnar;
 CREATE EXTENSION citus VERSION '8.0-1';
 ERROR:  specified version incompatible with loaded Citus library
-DETAIL:  Loaded library requires 11.2, but 8.0-1 was specified.
+DETAIL:  Loaded library requires 11.3, but 8.0-1 was specified.
 HINT:  If a newer library is present, restart the database and try the command again.
 -- Test non-distributed queries work even in version mismatch
 SET citus.enable_version_checks TO 'false';
@@ -1378,7 +1410,7 @@ ORDER BY 1;
 -- We should not distribute table in version mistmatch
 SELECT create_distributed_table('version_mismatch_table', 'column1');
 ERROR:  loaded Citus library version differs from installed extension version
-DETAIL:  Loaded library requires 11.2, but the installed extension version is 8.1-1.
+DETAIL:  Loaded library requires 11.3, but the installed extension version is 8.1-1.
 HINT:  Run ALTER EXTENSION citus UPDATE and try again.
 -- This function will cause fail in next ALTER EXTENSION
 CREATE OR REPLACE FUNCTION pg_catalog.relation_is_a_known_shard(regclass)
diff --git a/src/test/regress/sql/multi_extension.sql b/src/test/regress/sql/multi_extension.sql
index a4428252193..8c8ade9d8c3 100644
--- a/src/test/regress/sql/multi_extension.sql
+++ b/src/test/regress/sql/multi_extension.sql
@@ -331,6 +331,10 @@ SELECT 1 FROM columnar_table; -- seq scan
 
 CREATE TABLE new_columnar_table (a int) USING columnar;
 
+-- disable version checks for other sessions too
+ALTER SYSTEM SET citus.enable_version_checks TO OFF;
+SELECT pg_reload_conf();
+
 -- do cleanup for the rest of the tests
 SET citus.enable_version_checks TO OFF;
 SET columnar.enable_version_checks TO OFF;
@@ -563,6 +567,16 @@ RESET client_min_messages;
 
 SELECT * FROM multi_extension.print_extension_changes();
 
+-- Test downgrade to 11.2-1 from 11.3-1
+ALTER EXTENSION citus UPDATE TO '11.3-1';
+ALTER EXTENSION citus UPDATE TO '11.2-1';
+-- Should be empty result since upgrade+downgrade should be a no-op
+SELECT * FROM multi_extension.print_extension_changes();
+
+-- Snapshot of state at 11.3-1
+ALTER EXTENSION citus UPDATE TO '11.3-1';
+SELECT * FROM multi_extension.print_extension_changes();
+
 DROP TABLE multi_extension.prev_objects, multi_extension.extension_diff;
 
 -- show running version
@@ -582,6 +596,11 @@ ORDER BY 1, 2;
 -- see incompatible version errors out
 RESET citus.enable_version_checks;
 RESET columnar.enable_version_checks;
+
+-- reset version check config for other sessions too
+ALTER SYSTEM RESET citus.enable_version_checks;
+SELECT pg_reload_conf();
+
 DROP EXTENSION citus;
 DROP EXTENSION citus_columnar;
 CREATE EXTENSION citus VERSION '8.0-1';