1 files changed, 2 insertions, 2 deletions
diff --git a/activerecord/lib/active_record/version.rb b/activerecord/lib/active_record/version.rb
index d776082260..17e755323b 100644
--- a/activerecord/lib/active_record/version.rb
+++ b/activerecord/lib/active_record/version.rb
@@ -2,8 +2,8 @@ module ActiveRecord
   module VERSION #:nodoc:
     MAJOR = 3
     MINOR = 2
-    TINY  = 2
-    PRE   = nil
+    TINY  = 3
+    PRE   = "rc1"
 
     STRING = [MAJOR, MINOR, TINY, PRE].compact.join('.')
   end