diff --git a/VERSION b/VERSION
index 9fc5deda26c..8c880754cd9 100644
--- a/VERSION
+++ b/VERSION
@@ -1 +1 @@
-2.1.0.0 0.4.rc4
+2.1.1.0 0.1.rc1
diff --git a/lib/ansible/modules/core b/lib/ansible/modules/core
index 04d949ae912..b746f047ed8 160000
--- a/lib/ansible/modules/core
+++ b/lib/ansible/modules/core
@@ -1 +1 @@
-Subproject commit 04d949ae9125b05b84fd8630d5157701081dc1d3
+Subproject commit b746f047ed88f54e8ac9fa0863dac5d849613834
diff --git a/lib/ansible/modules/extras b/lib/ansible/modules/extras
index 845f2f40d41..f7a99e94331 160000
--- a/lib/ansible/modules/extras
+++ b/lib/ansible/modules/extras
@@ -1 +1 @@
-Subproject commit 845f2f40d41c380e1eddb57e2d9f8eba9ee6ae3e
+Subproject commit f7a99e943319252d83ad7b75b4f28f970a6a35b4
diff --git a/lib/ansible/release.py b/lib/ansible/release.py
index b71c84790cf..55cf9b1a6b1 100644
--- a/lib/ansible/release.py
+++ b/lib/ansible/release.py
@@ -19,5 +19,5 @@
 from __future__ import (absolute_import, division, print_function)
 __metaclass__ = type
 
-__version__ = '2.1.0.0'
+__version__ = '2.1.1.0'
 __author__  = 'Ansible, Inc.'