diff --git a/CHANGELOG.md b/CHANGELOG.md
index 09bdd7d09..e1684e9b9 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -7,6 +7,8 @@ and this project adheres to [Semantic Versioning](http://semver.org/).
 <!-- next-header -->
 ## [Unreleased] - ReleaseDate
 
+## [1.16.3] - 2023-08-09
+
 ### Fixes
 
 - Set bad exit code on disallowed words
@@ -858,7 +860,8 @@ Note: MSRV is now 1.54
 *   Only do hex check if digits are in identifiers ([68cd36d0](https://github.com/crate-ci/typos/commit/68cd36d0de90226dbc9d31c2ce6d8bf6b69adb5c))
 
 <!-- next-url -->
-[Unreleased]: https://github.com/crate-ci/typos/compare/v1.16.2...HEAD
+[Unreleased]: https://github.com/crate-ci/typos/compare/v1.16.3...HEAD
+[1.16.3]: https://github.com/crate-ci/typos/compare/v1.16.2...v1.16.3
 [1.16.2]: https://github.com/crate-ci/typos/compare/v1.16.1...v1.16.2
 [1.16.1]: https://github.com/crate-ci/typos/compare/v1.16.0...v1.16.1
 [1.16.0]: https://github.com/crate-ci/typos/compare/v1.15.10...v1.16.0
diff --git a/Cargo.lock b/Cargo.lock
index cec2e9613..9bd76cec6 100644
--- a/Cargo.lock
+++ b/Cargo.lock
@@ -1653,7 +1653,7 @@ dependencies = [
 
 [[package]]
 name = "typos-cli"
-version = "1.16.2"
+version = "1.16.3"
 dependencies = [
  "ahash",
  "anstream",
diff --git a/action/entrypoint.sh b/action/entrypoint.sh
index 8a6eaae91..8f3fa4dbe 100755
--- a/action/entrypoint.sh
+++ b/action/entrypoint.sh
@@ -34,7 +34,7 @@ if [[ -z $(ls ${TARGET} 2>/dev/null) ]]; then
     exit 1
 fi
 if [[ ! -x ${COMMAND} ]]; then
-    VERSION=1.16.2
+    VERSION=1.16.3
     log "Downloading 'typos' v${VERSION}"
     wget --progress=dot:mega "https://github.com/crate-ci/typos/releases/download/v${VERSION}/typos-v${VERSION}-x86_64-unknown-linux-musl.tar.gz"
     mkdir -p ${_INSTALL_DIR}
diff --git a/crates/typos-cli/Cargo.toml b/crates/typos-cli/Cargo.toml
index f10187b07..33ff8d955 100644
--- a/crates/typos-cli/Cargo.toml
+++ b/crates/typos-cli/Cargo.toml
@@ -1,6 +1,6 @@
 [package]
 name = "typos-cli"
-version = "1.16.2"
+version = "1.16.3"
 description = "Source Code Spelling Correction"
 readme = "../../README.md"
 categories = ["development-tools", "text-processing"]
diff --git a/docs/pre-commit.md b/docs/pre-commit.md
index efc325cf9..d8dd69367 100644
--- a/docs/pre-commit.md
+++ b/docs/pre-commit.md
@@ -6,7 +6,7 @@ config at this repository:
 ```yaml
 repos:
   - repo: https://github.com/crate-ci/typos
-    rev: v1.16.2
+    rev: v1.16.3
     hooks:
       - id: typos
 ```
diff --git a/setup.py b/setup.py
index 9871c7659..48936781d 100644
--- a/setup.py
+++ b/setup.py
@@ -3,7 +3,7 @@
 from setuptools import setup
 
 
-TYPOS_VERSION = '1.16.2'
+TYPOS_VERSION = '1.16.3'
 
 
 setup(