diff --git a/CHANGELOG.md b/CHANGELOG.md
index b79f32466..9447f4086 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,3 +1,7 @@
+## 0.8.6 (unreleased)
+
+
+
 ## 0.8.5 (August 15, 2011)
 
 Note: 0.8.3 and 0.8.4 was yanked due to RubyGems encoding issue.
diff --git a/lib/vagrant/version.rb b/lib/vagrant/version.rb
index d0b78ab21..0bf9d8ba0 100644
--- a/lib/vagrant/version.rb
+++ b/lib/vagrant/version.rb
@@ -2,5 +2,5 @@ module Vagrant
   # This will always be up to date with the current version of Vagrant,
   # since it is used to generate the gemspec and is also the source of
   # the version for `vagrant -v`
-  VERSION = "0.8.5"
+  VERSION = "0.8.6.dev"
 end