diff --git a/setup.py b/setup.py
index 1a6cb7b52bea35107ed46142c5e5802f500afaac..d491a1d340796b9b4701b307003c3e62e75d6001 100755
--- a/setup.py
+++ b/setup.py
@@ -47,9 +47,9 @@ from setuptools import find_packages, setup
 
 MAJOR = 0
 MINOR = 5
-MICRO = 1
+MICRO = 2
 PRE = ""  # e.g. rc0, alpha.1, 0.beta-23
-ISRELEASED = True
+ISRELEASED = False
 
 if PRE:
     VERSION = "{}.{}.{}-{}".format(MAJOR, MINOR, MICRO, PRE)