diff --git a/NEWS.md b/NEWS.md
index 6361d732..911f6a16 100644
--- a/NEWS.md
+++ b/NEWS.md
@@ -1,3 +1,6 @@
+## 2.3.1 2023-02-24
+* Fix migration from v1.x.x resulting in lost calendars and exceptions (MODCAL-124)
+
 ## 2.3.0 2022-12-01
 * Fix module migration regression in 2.2.0 (MODCAL-120)
 
diff --git a/pom.xml b/pom.xml
index e8237ffa..9e31a630 100644
--- a/pom.xml
+++ b/pom.xml
@@ -9,7 +9,7 @@
   </parent>
   <groupId>org.folio</groupId>
   <artifactId>mod-calendar</artifactId>
-  <version>2.4.0-SNAPSHOT</version>
+  <version>2.3.1-SNAPSHOT</version>
   <packaging>jar</packaging>
   <name>mod-calendar</name>
   <description>FOLIO calendar module for service point openings</description>