diff --git a/CHANGELOG.md b/CHANGELOG.md
index bf337acfca1e..8d58fca178a8 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -16,6 +16,19 @@ and this project adheres to [Semantic Versioning](https://semver.org/spec/v2.0.0
 
 <!-- scriv-insert-here -->
 
+<a id='changelog-2.7.99'></a>
+## \[2.7.99\] - 2023-10-11
+
+### Fixed
+
+- Persist image filters across jobs
+  (<https://github.com/opencv/cvat/pull/6953>)
+
+### Security
+
+- Security upgrade opencv-python-headless from 4.5.5.62 to 4.8.1.78
+  (<https://github.com/opencv/cvat/pull/6931>)
+
 <a id='changelog-2.7.5'></a>
 ## \[2.7.5\] - 2023-10-09
 
diff --git a/changelog.d/20231006_155231_persist_image_filters.md b/changelog.d/20231006_155231_persist_image_filters.md
deleted file mode 100644
index ca10b538dd37..000000000000
--- a/changelog.d/20231006_155231_persist_image_filters.md
+++ /dev/null
@@ -1,4 +0,0 @@
-### Fixed
-
-- Persist image filters across jobs
-  (<https://github.com/opencv/cvat/pull/6953>)
diff --git a/changelog.d/20231009_165414_roman_snyk_fix_7429062f3bf9ab5eb080c5cceabd5d6a.md b/changelog.d/20231009_165414_roman_snyk_fix_7429062f3bf9ab5eb080c5cceabd5d6a.md
deleted file mode 100644
index 3e8951f308d8..000000000000
--- a/changelog.d/20231009_165414_roman_snyk_fix_7429062f3bf9ab5eb080c5cceabd5d6a.md
+++ /dev/null
@@ -1,4 +0,0 @@
-### Security
-
-- Security upgrade opencv-python-headless from 4.5.5.62 to 4.8.1.78
-  (<https://github.com/opencv/cvat/pull/6931>)
diff --git a/cvat-cli/requirements/base.txt b/cvat-cli/requirements/base.txt
index 8024a5ce2b7f..ac36e405e69a 100644
--- a/cvat-cli/requirements/base.txt
+++ b/cvat-cli/requirements/base.txt
@@ -1,3 +1,3 @@
-cvat-sdk~=2.8.0
+cvat-sdk~=2.7.99
 Pillow>=10.0.1
 setuptools>=65.5.1 # not directly required, pinned by Snyk to avoid a vulnerability
diff --git a/cvat-cli/src/cvat_cli/version.py b/cvat-cli/src/cvat_cli/version.py
index 7035cc17c429..e65cdd1d6986 100644
--- a/cvat-cli/src/cvat_cli/version.py
+++ b/cvat-cli/src/cvat_cli/version.py
@@ -1 +1 @@
-VERSION = "2.8.0"
+VERSION = "2.7.99"
diff --git a/cvat-sdk/gen/generate.sh b/cvat-sdk/gen/generate.sh
index 77f513803a68..15445b3cf430 100755
--- a/cvat-sdk/gen/generate.sh
+++ b/cvat-sdk/gen/generate.sh
@@ -8,7 +8,7 @@ set -e
 
 GENERATOR_VERSION="v6.0.1"
 
-VERSION="2.8.0"
+VERSION="2.7.99"
 LIB_NAME="cvat_sdk"
 LAYER1_LIB_NAME="${LIB_NAME}/api_client"
 DST_DIR="$(cd "$(dirname -- "$0")/.." && pwd)"
diff --git a/cvat/__init__.py b/cvat/__init__.py
index 989bc3512008..7a71d53b86bb 100644
--- a/cvat/__init__.py
+++ b/cvat/__init__.py
@@ -4,6 +4,6 @@
 
 from cvat.utils.version import get_version
 
-VERSION = (2, 8, 0, 'alpha', 0)
+VERSION = (2, 7, 99, 'final', 0)
 
 __version__ = get_version(VERSION)
diff --git a/cvat/schema.yml b/cvat/schema.yml
index 2dc187c5ff63..81fd13bb60e5 100644
--- a/cvat/schema.yml
+++ b/cvat/schema.yml
@@ -1,7 +1,7 @@
 openapi: 3.0.3
 info:
   title: CVAT REST API
-  version: 2.8.0
+  version: 2.7.99
   description: REST API for Computer Vision Annotation Tool (CVAT)
   termsOfService: https://www.google.com/policies/terms/
   contact:
diff --git a/docker-compose.yml b/docker-compose.yml
index 3a558b5904a6..31354e95dcb7 100644
--- a/docker-compose.yml
+++ b/docker-compose.yml
@@ -34,7 +34,7 @@ services:
 
   cvat_server:
     container_name: cvat_server
-    image: cvat/server:${CVAT_VERSION:-dev}
+    image: cvat/server:${CVAT_VERSION:-v2.7.99}
     restart: always
     depends_on:
       - cvat_redis
@@ -73,7 +73,7 @@ services:
 
   cvat_utils:
     container_name: cvat_utils
-    image: cvat/server:${CVAT_VERSION:-dev}
+    image: cvat/server:${CVAT_VERSION:-v2.7.99}
     restart: always
     depends_on:
       - cvat_redis
@@ -98,7 +98,7 @@ services:
 
   cvat_worker_import:
     container_name: cvat_worker_import
-    image: cvat/server:${CVAT_VERSION:-dev}
+    image: cvat/server:${CVAT_VERSION:-v2.7.99}
     restart: always
     depends_on:
       - cvat_redis
@@ -121,7 +121,7 @@ services:
 
   cvat_worker_export:
     container_name: cvat_worker_export
-    image: cvat/server:${CVAT_VERSION:-dev}
+    image: cvat/server:${CVAT_VERSION:-v2.7.99}
     restart: always
     depends_on:
       - cvat_redis
@@ -144,7 +144,7 @@ services:
 
   cvat_worker_annotation:
     container_name: cvat_worker_annotation
-    image: cvat/server:${CVAT_VERSION:-dev}
+    image: cvat/server:${CVAT_VERSION:-v2.7.99}
     restart: always
     depends_on:
       - cvat_redis
@@ -167,7 +167,7 @@ services:
 
   cvat_worker_webhooks:
     container_name: cvat_worker_webhooks
-    image: cvat/server:${CVAT_VERSION:-dev}
+    image: cvat/server:${CVAT_VERSION:-v2.7.99}
     restart: always
     depends_on:
       - cvat_redis
@@ -191,7 +191,7 @@ services:
 
   cvat_worker_quality_reports:
     container_name: cvat_worker_quality_reports
-    image: cvat/server:${CVAT_VERSION:-dev}
+    image: cvat/server:${CVAT_VERSION:-v2.7.99}
     restart: always
     depends_on:
       - cvat_redis
@@ -213,7 +213,7 @@ services:
 
   cvat_worker_analytics_reports:
     container_name: cvat_worker_analytics_reports
-    image: cvat/server:${CVAT_VERSION:-dev}
+    image: cvat/server:${CVAT_VERSION:-v2.7.99}
     restart: always
     depends_on:
       - cvat_redis
@@ -236,7 +236,7 @@ services:
 
   cvat_ui:
     container_name: cvat_ui
-    image: cvat/ui:${CVAT_VERSION:-dev}
+    image: cvat/ui:${CVAT_VERSION:-v2.7.99}
     restart: always
     depends_on:
       - cvat_server
diff --git a/helm-chart/values.yaml b/helm-chart/values.yaml
index e993400e1b4e..47181a6ecd68 100644
--- a/helm-chart/values.yaml
+++ b/helm-chart/values.yaml
@@ -104,7 +104,7 @@ cvat:
       additionalVolumeMounts: []
     replicas: 1
     image: cvat/server
-    tag: dev
+    tag: v2.7.99
     imagePullPolicy: Always
     permissionFix:
       enabled: true
@@ -128,7 +128,7 @@ cvat:
   frontend:
     replicas: 1
     image: cvat/ui
-    tag: dev
+    tag: v2.7.99
     imagePullPolicy: Always
     labels: {}
     #  test: test