diff --git a/.ci/bwcVersions b/.ci/bwcVersions
index 3ba58cf5a178d..fd2f9d5c3c973 100644
--- a/.ci/bwcVersions
+++ b/.ci/bwcVersions
@@ -51,3 +51,4 @@ BWC_VERSION:
   - "3.1.0"
   - "3.2.0"
   - "3.3.0"
+  - "3.3.1"
diff --git a/buildSrc/version.properties b/buildSrc/version.properties
index 34785d1aec38d..bcae80b56bdd5 100644
--- a/buildSrc/version.properties
+++ b/buildSrc/version.properties
@@ -1,2 +1,2 @@
 # Please use ../gradle/libs.versions.toml for dependency management
-opensearch        = 3.3.1
+opensearch        = 3.3.2
diff --git a/gradle/libs.versions.toml b/gradle/libs.versions.toml
index 31ba5e75091c8..080470d83b7d6 100644
--- a/gradle/libs.versions.toml
+++ b/gradle/libs.versions.toml
@@ -1,5 +1,5 @@
 [versions]
-opensearch        = "3.3.1"
+opensearch        = "3.3.2"
 lucene            = "10.3.1"
 
 bundled_jdk_vendor = "adoptium"
diff --git a/libs/core/src/main/java/org/opensearch/Version.java b/libs/core/src/main/java/org/opensearch/Version.java
index d731f99d9fe6b..f0b1b1fb32ec6 100644
--- a/libs/core/src/main/java/org/opensearch/Version.java
+++ b/libs/core/src/main/java/org/opensearch/Version.java
@@ -123,7 +123,8 @@ public class Version implements Comparable<Version>, ToXContentFragment {
     public static final Version V_3_2_0 = new Version(3020099, org.apache.lucene.util.Version.LUCENE_10_2_2);
     public static final Version V_3_3_0 = new Version(3030099, org.apache.lucene.util.Version.LUCENE_10_3_1);
     public static final Version V_3_3_1 = new Version(3030199, org.apache.lucene.util.Version.LUCENE_10_3_1);
-    public static final Version CURRENT = V_3_3_1;
+    public static final Version V_3_3_2 = new Version(3030299, org.apache.lucene.util.Version.LUCENE_10_3_1);
+    public static final Version CURRENT = V_3_3_2;
 
     public static Version fromId(int id) {
         final Version known = LegacyESVersion.idToVersion.get(id);