diff --git a/.github/workflows/release.yaml b/.github/workflows/release.yaml
index b1d5fd8156..117922cc4e 100644
--- a/.github/workflows/release.yaml
+++ b/.github/workflows/release.yaml
@@ -20,7 +20,7 @@ name: Publish Fury
 on:
   push:
     tags:
-      - 'v*'
+      - 'disabled*'
 
 jobs:
   release-python:
@@ -43,7 +43,7 @@ jobs:
         run: ./ci/run_ci.sh install_bazel
       - name: Update version in setup.py
         run: |
-          echo "GITHUB_REF: $GITHUB_REF" 
+          echo "GITHUB_REF: $GITHUB_REF"
           tag=$(echo $GITHUB_REF | cut -d / -f 3)
           echo "tag: $tag"
           version=${tag:1}
diff --git a/integration_tests/graalvm_tests/pom.xml b/integration_tests/graalvm_tests/pom.xml
index 92f7dc2a78..2daab1383e 100644
--- a/integration_tests/graalvm_tests/pom.xml
+++ b/integration_tests/graalvm_tests/pom.xml
@@ -25,7 +25,7 @@
   <parent>
     <groupId>org.apache.fury</groupId>
     <artifactId>fury-parent</artifactId>
-    <version>0.5.0-SNAPSHOT</version>
+    <version>0.5.0</version>
     <relativePath>../../java</relativePath>
   </parent>
   <modelVersion>4.0.0</modelVersion>
diff --git a/integration_tests/jdk_compatibility_tests/pom.xml b/integration_tests/jdk_compatibility_tests/pom.xml
index 33a42d80c0..1ddcf182a3 100644
--- a/integration_tests/jdk_compatibility_tests/pom.xml
+++ b/integration_tests/jdk_compatibility_tests/pom.xml
@@ -25,7 +25,7 @@
   <parent>
     <groupId>org.apache.fury</groupId>
     <artifactId>fury-parent</artifactId>
-    <version>0.5.0-SNAPSHOT</version>
+    <version>0.5.0</version>
     <relativePath>../../java</relativePath>
   </parent>
   <modelVersion>4.0.0</modelVersion>
diff --git a/integration_tests/jpms_tests/pom.xml b/integration_tests/jpms_tests/pom.xml
index 74e1e02973..66d6e2b7f4 100644
--- a/integration_tests/jpms_tests/pom.xml
+++ b/integration_tests/jpms_tests/pom.xml
@@ -25,7 +25,7 @@
   <parent>
     <groupId>org.apache.fury</groupId>
     <artifactId>fury-parent</artifactId>
-    <version>0.5.0-SNAPSHOT</version>
+    <version>0.5.0</version>
     <relativePath>../../java</relativePath>
   </parent>
   <modelVersion>4.0.0</modelVersion>
diff --git a/integration_tests/latest_jdk_tests/pom.xml b/integration_tests/latest_jdk_tests/pom.xml
index dca2a9ad0c..f70874b2d1 100644
--- a/integration_tests/latest_jdk_tests/pom.xml
+++ b/integration_tests/latest_jdk_tests/pom.xml
@@ -25,7 +25,7 @@
   <parent>
     <groupId>org.apache.fury</groupId>
     <artifactId>fury-parent</artifactId>
-    <version>0.5.0-SNAPSHOT</version>
+    <version>0.5.0</version>
     <relativePath>../../java</relativePath>
   </parent>
   <modelVersion>4.0.0</modelVersion>
diff --git a/java/benchmark/pom.xml b/java/benchmark/pom.xml
index 902171b765..a3bde19956 100644
--- a/java/benchmark/pom.xml
+++ b/java/benchmark/pom.xml
@@ -26,7 +26,7 @@
   <parent>
     <artifactId>fury-parent</artifactId>
     <groupId>org.apache.fury</groupId>
-    <version>0.5.0-SNAPSHOT</version>
+    <version>0.5.0</version>
   </parent>
 
   <artifactId>benchmark</artifactId>
diff --git a/java/fury-core/pom.xml b/java/fury-core/pom.xml
index 8a164e7485..79c9c5d89e 100644
--- a/java/fury-core/pom.xml
+++ b/java/fury-core/pom.xml
@@ -25,7 +25,7 @@
   <parent>
     <groupId>org.apache.fury</groupId>
     <artifactId>fury-parent</artifactId>
-    <version>0.5.0-SNAPSHOT</version>
+    <version>0.5.0</version>
   </parent>
   <modelVersion>4.0.0</modelVersion>
 
diff --git a/java/fury-format/pom.xml b/java/fury-format/pom.xml
index c39d76ecad..671e3769ee 100644
--- a/java/fury-format/pom.xml
+++ b/java/fury-format/pom.xml
@@ -25,7 +25,7 @@
   <parent>
     <groupId>org.apache.fury</groupId>
     <artifactId>fury-parent</artifactId>
-    <version>0.5.0-SNAPSHOT</version>
+    <version>0.5.0</version>
   </parent>
   <modelVersion>4.0.0</modelVersion>
 
diff --git a/java/fury-test-core/pom.xml b/java/fury-test-core/pom.xml
index db081dbf26..3ed7df4322 100644
--- a/java/fury-test-core/pom.xml
+++ b/java/fury-test-core/pom.xml
@@ -25,7 +25,7 @@
   <parent>
     <artifactId>fury-parent</artifactId>
     <groupId>org.apache.fury</groupId>
-    <version>0.5.0-SNAPSHOT</version>
+    <version>0.5.0</version>
   </parent>
   <modelVersion>4.0.0</modelVersion>
 
diff --git a/java/fury-testsuite/pom.xml b/java/fury-testsuite/pom.xml
index 112d6e1f2c..204c0de227 100644
--- a/java/fury-testsuite/pom.xml
+++ b/java/fury-testsuite/pom.xml
@@ -25,7 +25,7 @@
   <parent>
     <artifactId>fury-parent</artifactId>
     <groupId>org.apache.fury</groupId>
-    <version>0.5.0-SNAPSHOT</version>
+    <version>0.5.0</version>
   </parent>
   <modelVersion>4.0.0</modelVersion>
 
diff --git a/java/pom.xml b/java/pom.xml
index 883a050ea1..201fc0eb9b 100644
--- a/java/pom.xml
+++ b/java/pom.xml
@@ -33,7 +33,7 @@
   <groupId>org.apache.fury</groupId>
   <artifactId>fury-parent</artifactId>
   <packaging>pom</packaging>
-  <version>0.5.0-SNAPSHOT</version>
+  <version>0.5.0</version>
   <name>Fury Project Parent POM</name>
   <description>
     Apache Fury™ is a blazingly fast multi-language serialization framework powered by jit and zero-copy.
diff --git a/javascript/packages/fury/package.json b/javascript/packages/fury/package.json
index 11b6d777e9..0dd92de603 100644
--- a/javascript/packages/fury/package.json
+++ b/javascript/packages/fury/package.json
@@ -1,6 +1,6 @@
 {
   "name": "@furyjs/fury",
-  "version": "0.5.9-beta",
+  "version": "0.5.0",
   "description": "Apache Fury™(incubating) is a blazingly fast multi-language serialization framework powered by jit and zero-copy",
   "main": "dist/index.js",
   "scripts": {
diff --git a/javascript/packages/hps/package.json b/javascript/packages/hps/package.json
index db6e4c91b8..51771b9040 100644
--- a/javascript/packages/hps/package.json
+++ b/javascript/packages/hps/package.json
@@ -1,6 +1,6 @@
 {
   "name": "@furyjs/hps",
-  "version": "0.5.0.dev",
+  "version": "0.5.0",
   "description": "Apache Fury™(incubating) nodejs high-performance suite",
   "main": "dist/index.js",
   "files": [
diff --git a/rust/Cargo.toml b/rust/Cargo.toml
index a874c97cc6..5463c208d7 100644
--- a/rust/Cargo.toml
+++ b/rust/Cargo.toml
@@ -29,7 +29,7 @@ exclude = [
 resolver = "2"
 
 [workspace.package]
-version = "0.0.1"
+version = "0.5.0"
 rust-version = "1.70"
 license = "Apache-2.0"
 readme = "README.md"
diff --git a/scala/build.sbt b/scala/build.sbt
index 892c01c5ab..496bac54f8 100644
--- a/scala/build.sbt
+++ b/scala/build.sbt
@@ -21,7 +21,7 @@ scalaVersion := "2.13.13"
 crossScalaVersions := Seq("2.13.12", "3.3.3")
 resolvers += Resolver.mavenLocal
 
-val furyVersion = "0.5.0-SNAPSHOT"
+val furyVersion = "0.5.0"
 libraryDependencies ++= Seq(
   "org.apache.fury" % "fury-core" % furyVersion,
   "org.scalatest" %% "scalatest" % "3.2.17",