diff --git a/README.md b/README.md
index cfed47017..1ae9b1700 100644
--- a/README.md
+++ b/README.md
@@ -18,7 +18,7 @@ Please pick a version of KubeDB that matches your Kubernetes installation.
 
 | KubeDB Version                                                      | Docs                                                       | Kubernetes Version |
 |---------------------------------------------------------------------|------------------------------------------------------------|--------------------|
-| [0.7.0](https://github.com/k8sdb/cli/releases/tag/0.7.0) (uses CRD) | [User Guide](https://github.com/k8sdb/cli/tree/0.7.0/docs) | 1.7.x+             |
+| [0.7.1](https://github.com/k8sdb/cli/releases/tag/0.7.1) (uses CRD) | [User Guide](https://github.com/k8sdb/cli/tree/0.7.1/docs) | 1.7.x+             |
 | [0.6.0](https://github.com/k8sdb/cli/releases/tag/0.6.0) (uses TPR) | [User Guide](https://github.com/k8sdb/cli/tree/0.6.0/docs) | 1.5.x - 1.7.x      |
 
 ## Installation
diff --git a/docs/README.md b/docs/README.md
index 2f792d528..21cc93c68 100644
--- a/docs/README.md
+++ b/docs/README.md
@@ -18,7 +18,7 @@ Please pick a version of KubeDB that matches your Kubernetes installation.
 
 | KubeDB Version                                                      | Docs                                                       | Kubernetes Version |
 |---------------------------------------------------------------------|------------------------------------------------------------|--------------------|
-| [0.7.0](https://github.com/k8sdb/cli/releases/tag/0.7.0) (uses CRD) | [User Guide](https://github.com/k8sdb/cli/tree/0.7.0/docs) | 1.7.x+             |
+| [0.7.1](https://github.com/k8sdb/cli/releases/tag/0.7.1) (uses CRD) | [User Guide](https://github.com/k8sdb/cli/tree/0.7.1/docs) | 1.7.x+             |
 | [0.6.0](https://github.com/k8sdb/cli/releases/tag/0.6.0) (uses TPR) | [User Guide](https://github.com/k8sdb/cli/tree/0.6.0/docs) | 1.5.x - 1.7.x      |
 
 ## Installation
diff --git a/docs/install.md b/docs/install.md
index 3e69efc2a..91a8a12b6 100644
--- a/docs/install.md
+++ b/docs/install.md
@@ -7,12 +7,12 @@ KubeDB provides a CLI to work with database objects. Download pre-built binaries
 
 ```console
 # Linux amd 64-bit
-wget -O kubedb https://github.com/k8sdb/cli/releases/download/0.7.0/kubedb-linux-amd64 \
+wget -O kubedb https://github.com/k8sdb/cli/releases/download/0.7.1/kubedb-linux-amd64 \
   && chmod +x kubedb \
   && sudo mv kubedb /usr/local/bin/
 
 # Mac 64-bit
-wget -O kubedb https://github.com/k8sdb/cli/releases/download/0.7.0/kubedb-darwin-amd64 \
+wget -O kubedb https://github.com/k8sdb/cli/releases/download/0.7.1/kubedb-darwin-amd64 \
   && chmod +x kubedb \
   && sudo mv kubedb /usr/local/bin/
 ```
@@ -68,7 +68,7 @@ To upgrade KubeDB cli, just replace the old cli with the new version.
 `kubedb init` command can be used to upgrade operator. Re-run the `kubedb init` command with `--upgrade flag` to upgrade operator.
 
 ```console
-$ kubedb init --version='0.7.0' --upgrade
+$ kubedb init --version='0.7.1' --upgrade
 
 Successfully upgraded operator deployment.
 ```
diff --git a/docs/reference/kubedb_init.md b/docs/reference/kubedb_init.md
index 5409209b1..30c42857a 100644
--- a/docs/reference/kubedb_init.md
+++ b/docs/reference/kubedb_init.md
@@ -18,7 +18,7 @@ kubedb init [flags]
   kubedb init
   
   # Upgrade operator to use another version.
-  kubedb init --version=0.7.0 --upgrade
+  kubedb init --version=0.7.1 --upgrade
 ```
 
 ### Options
@@ -28,7 +28,7 @@ kubedb init [flags]
       --operator-namespace string   Name of namespace where operator will be deployed. (default "kube-system")
       --rbac                        If true, uses RBAC with operator and database objects
       --upgrade                     If present, Upgrade operator to use provided version
-      --version string              Operator version (default "0.7.0")
+      --version string              Operator version (default "0.7.1")
 ```
 
 ### Options inherited from parent commands
diff --git a/glide.yaml b/glide.yaml
index a07d7ff64..349827fee 100644
--- a/glide.yaml
+++ b/glide.yaml
@@ -11,9 +11,9 @@ import:
 - package: github.com/k8sdb/apimachinery
   version: release-0.7
 - package: github.com/k8sdb/elasticsearch
-  version: 0.7.0
+  version: master
 - package: github.com/k8sdb/postgres
-  version: 0.7.0
+  version: master
 - package: k8s.io/kubernetes
   version: ~1.7
 - package: k8s.io/metrics
diff --git a/pkg/cmds/init.go b/pkg/cmds/init.go
index 3e89f8692..209941df3 100644
--- a/pkg/cmds/init.go
+++ b/pkg/cmds/init.go
@@ -29,7 +29,7 @@ var (
 		kubedb init
 
 		# Upgrade operator to use another version.
-		kubedb init --version=0.7.0 --upgrade`)
+		kubedb init --version=0.7.1 --upgrade`)
 )
 
 func NewCmdInit(out io.Writer, errOut io.Writer) *cobra.Command {
diff --git a/pkg/util/flags.go b/pkg/util/flags.go
index aaf7afe3e..870d5b5d3 100644
--- a/pkg/util/flags.go
+++ b/pkg/util/flags.go
@@ -45,7 +45,7 @@ func AddEditFlags(cmd *cobra.Command) {
 func AddInitFlags(cmd *cobra.Command) {
 	cmd.Flags().String("operator-namespace", "kube-system", "Name of namespace where operator will be deployed.")
 	cmd.Flags().Bool("rbac", false, "If true, uses RBAC with operator and database objects")
-	cmd.Flags().String("version", "0.7.0", "Operator version")
+	cmd.Flags().String("version", "0.7.1", "Operator version")
 	cmd.Flags().Bool("upgrade", false, "If present, Upgrade operator to use provided version")
 }