diff --git a/ballerina/Ballerina.toml b/ballerina/Ballerina.toml
index 29d01e2..70d015c 100644
--- a/ballerina/Ballerina.toml
+++ b/ballerina/Ballerina.toml
@@ -1,11 +1,11 @@
 [package]
 org = "ballerinai"
 name = "observe"
-version = "1.2.0"
+version = "1.2.1"
 distribution = "2201.8.0"
 
 [platform.java17]
 graalvmCompatible = true
 
 [[platform.java17.dependency]]
-path = "../native/build/libs/observe-internal-native-1.2.0.jar"
+path = "../native/build/libs/observe-internal-native-1.2.1-SNAPSHOT.jar"
diff --git a/gradle.properties b/gradle.properties
index 35eec46..729b905 100644
--- a/gradle.properties
+++ b/gradle.properties
@@ -21,7 +21,7 @@ ballerinaTomlParserVersion=1.2.2
 ballerinaGradlePluginVersion=2.0.1
 puppycrawlCheckstyleVersion=10.12.0
 openTelemetryVersion=1.7.0
-nettyCodecVersion=4.1.96.Final
+nettyCodecVersion=4.1.100.Final
 gsonVersion=2.10.1
 
 observeVersion=1.2.0