diff --git a/podman.spec b/podman.spec
index f7feddb..d5a4c00 100644
--- a/podman.spec
+++ b/podman.spec
@@ -59,7 +59,7 @@ Epoch: 2
 Epoch: 0
 %endif
 Version: 1.8.1
-Release: 0.4.rc2%{?dist}
+Release: 0.5.rc3%{?dist}
 Summary: Manage Pods, Containers and Container Images
 License: ASL 2.0
 URL: https://%{name}.io/
@@ -654,6 +654,9 @@ exit 0
 %{_libexecdir}/cni/dnsname
 
 %changelog
+* Sat Mar 07 2020 Lokesh Mandvekar <lsm5@fedoraproject.org> - 2:1.8.1-0.5.rc3
+- bump to v1.8.1-rc3
+
 * Sun Mar 01 2020 Lokesh Mandvekar <lsm5@fedoraproject.org> - 2:1.8.1-0.4.rc2
 - correct changelog