diff --git a/CHANGELOG.md b/CHANGELOG.md
index b6a33b3..afbc300 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -7,6 +7,12 @@ and this project adheres to [Semantic Versioning](https://semver.org/spec/v2.0.0
 
 ## [Unreleased]
 
+## [0.12.3](https://github.com/yarnpkg/pnp-rs/compare/v0.12.2...v0.12.3) - 2025-09-07
+
+### Other
+
+- update Cargo.lock dependencies
+
 ## [0.12.2](https://github.com/yarnpkg/pnp-rs/compare/v0.12.1...v0.12.2) - 2025-08-25
 
 ### Other
diff --git a/Cargo.lock b/Cargo.lock
index a8573ac..52b73ef 100644
--- a/Cargo.lock
+++ b/Cargo.lock
@@ -539,7 +539,7 @@ dependencies = [
 
 [[package]]
 name = "pnp"
-version = "0.12.2"
+version = "0.12.3"
 dependencies = [
  "byteorder",
  "clean-path",
diff --git a/Cargo.toml b/Cargo.toml
index a5ccf8b..8379b34 100644
--- a/Cargo.toml
+++ b/Cargo.toml
@@ -1,6 +1,6 @@
 [package]
 name = "pnp"
-version = "0.12.2"
+version = "0.12.3"
 edition = "2021"
 license = "BSD-2-Clause"
 description = "Resolution primitives for Yarn PnP"