diff --git a/RELEASES.txt b/RELEASES.txt
index 6ef2c53d54a..b6baa2ba48f 100644
--- a/RELEASES.txt
+++ b/RELEASES.txt
@@ -9,6 +9,7 @@ Active Development
 Released
 ++++++++
 
+2.0.1  "Over the Hills and Far Away" TBD
 2.0.0  "Over the Hills and Far Away" 01-12-2015
 1.9.4  "Dancing In the Streets" 10-09-2015
 1.9.3  "Dancing In the Streets" 09-03-2015
diff --git a/VERSION b/VERSION
index 0c87f3b9fe8..3f2bb41bcf8 100644
--- a/VERSION
+++ b/VERSION
@@ -1 +1 @@
-2.0.0.2 1
+2.0.1.0 0.1.rc1
diff --git a/lib/ansible/__init__.py b/lib/ansible/__init__.py
index 04eff129fe9..9e4f3d872b0 100644
--- a/lib/ansible/__init__.py
+++ b/lib/ansible/__init__.py
@@ -19,5 +19,5 @@
 from __future__ import (absolute_import, division, print_function)
 __metaclass__ = type
 
-__version__ = '2.0.0.2'
+__version__ = '2.0.1.0'
 __author__  = 'Ansible, Inc.'
diff --git a/lib/ansible/modules/core b/lib/ansible/modules/core
index 263932393a8..b4a4f74724a 160000
--- a/lib/ansible/modules/core
+++ b/lib/ansible/modules/core
@@ -1 +1 @@
-Subproject commit 263932393a8fc246d58bf75e6a995bb598e39240
+Subproject commit b4a4f74724ae7d6b27cc5e6d793388ccfbd359eb
diff --git a/lib/ansible/modules/extras b/lib/ansible/modules/extras
index 2aa7014ce48..b9f5838c78b 160000
--- a/lib/ansible/modules/extras
+++ b/lib/ansible/modules/extras
@@ -1 +1 @@
-Subproject commit 2aa7014ce48c653f150bb74ee082ebee746c6e6b
+Subproject commit b9f5838c78b51c52fa86a48710124cfe9815dae1