diff --git a/contrib/cirrus/setup_environment.sh b/contrib/cirrus/setup_environment.sh
index 9390ec44c2..2ea20b9f8a 100755
--- a/contrib/cirrus/setup_environment.sh
+++ b/contrib/cirrus/setup_environment.sh
@@ -453,7 +453,7 @@ case "$TEST_FLAVOR" in
         # machine-os image changes too frequently, can't be precached
         # FIXME: I don't think we can use version.go, because of chicken-egg
         # problem when that gets bumped. Ideas welcome.
-        $LCR cache podman/machine-os:5.2
+        $LCR cache podman/machine-os:5.3
         install_test_configs
         ;;
     swagger)
diff --git a/version/rawversion/version.go b/version/rawversion/version.go
index e5ebc4d0e2..5129d815d7 100644
--- a/version/rawversion/version.go
+++ b/version/rawversion/version.go
@@ -7,4 +7,4 @@ package rawversion
 //
 // NOTE: remember to bump the version at the top of the top-level README.md
 // file when this is bumped.
-const RawVersion = "5.2.0-dev"
+const RawVersion = "5.3.0-dev"