diff --git a/python/ray/__init__.py b/python/ray/__init__.py
index da985b926..34bc2a8a9 100644
--- a/python/ray/__init__.py
+++ b/python/ray/__init__.py
@@ -110,7 +110,7 @@ from ray.actor import method  # noqa: E402
 from ray.runtime_context import _get_runtime_context  # noqa: E402
 
 # Ray version string.
-__version__ = "0.8.0.dev4"
+__version__ = "0.7.5"
 
 __all__ = [
     "global_state",