diff --git a/CHANGELOG.md b/CHANGELOG.md
index 3c007584a..dbf3ccb8e 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -3,6 +3,15 @@ All notable changes to this project will be documented in this file.
 
 The format is based on [Keep a Changelog](http://keepachangelog.com/)
 
+## [12.8.1] Hotfix & Stable Release
+### Changed
+- Changed MSAL logging from FINER to FINEST [#2491](https://github.com/microsoft/mssql-jdbc/pull/2491)
+
+### Fixed issues
+- Adjusted DESTINATION_COL_METADATA_LOCK, in SQLServerBulkCopy, so that is properly released in all cases [#2492](https://github.com/microsoft/mssql-jdbc/pull/2492)
+- Reverted "Execute Stored Procedures Directly" feature, as well as subsequent changes related to the feature. [#2493](https://github.com/microsoft/mssql-jdbc/pull/2493)
+- Changed driver behavior to allow prepared statement objects to be reused, preventing a "multiple queries are not allowed" error [#2494](https://github.com/microsoft/mssql-jdbc/pull/2494)
+
 ## [12.8.0] Stable Release
 ### Fixed issues
 - Fixed regression with specifying argument names in callable statement syntax [#2480](https://github.com/microsoft/mssql-jdbc/pull/2480)
diff --git a/README.md b/README.md
index c99d951ae..7a5b26e65 100644
--- a/README.md
+++ b/README.md
@@ -83,7 +83,7 @@ We're now on the Maven Central Repository. Add the following to your POM file to
 <dependency>
 	<groupId>com.microsoft.sqlserver</groupId>
 	<artifactId>mssql-jdbc</artifactId>
-	<version>12.8.0.jre11</version>
+	<version>12.8.1.jre11</version>
 </dependency>
 ```
 The driver can be downloaded from [Microsoft](https://aka.ms/downloadmssqljdbc). For driver version 12.1.0 and greater, please use the jre11 version when using Java 11 or greater, and the jre8 version when using Java 8.
@@ -94,7 +94,7 @@ To get the latest version of the driver, add the following to your POM file:
 <dependency>
 	<groupId>com.microsoft.sqlserver</groupId>
 	<artifactId>mssql-jdbc</artifactId>
-	<version>12.8.0.jre11</version>
+	<version>12.8.1.jre11</version>
 </dependency>
 ```
 
@@ -129,7 +129,7 @@ Projects that require either of the two features need to explicitly declare the
 <dependency>
 	<groupId>com.microsoft.sqlserver</groupId>
 	<artifactId>mssql-jdbc</artifactId>
-	<version>12.8.0.jre11</version>
+	<version>12.8.1.jre11</version>
 	<scope>compile</scope>
 </dependency>
 
@@ -147,7 +147,7 @@ Projects that require either of the two features need to explicitly declare the
 <dependency>
 	<groupId>com.microsoft.sqlserver</groupId>
 	<artifactId>mssql-jdbc</artifactId>
-	<version>12.8.0.jre11</version>
+	<version>12.8.1.jre11</version>
 	<scope>compile</scope>
 </dependency>
 
@@ -174,7 +174,7 @@ When setting 'useFmtOnly' property to 'true' for establishing a connection or cr
 <dependency>
 	<groupId>com.microsoft.sqlserver</groupId>
 	<artifactId>mssql-jdbc</artifactId>
-	<version>12.8.0.jre11</version>
+	<version>12.8.1.jre11</version>
 </dependency>
 
 <dependency>
diff --git a/build.gradle b/build.gradle
index 8886d0d52..8cee3490c 100644
--- a/build.gradle
+++ b/build.gradle
@@ -11,7 +11,7 @@
 
 apply plugin: 'java'
 
-version = '12.8.0'
+version = '12.8.1'
 def releaseExt = ''
 def jreVersion = ""
 def testOutputDir = file("build/classes/java/test")
diff --git a/mssql-jdbc_auth_LICENSE b/mssql-jdbc_auth_LICENSE
index fad60a5d5..f3f75893e 100644
--- a/mssql-jdbc_auth_LICENSE
+++ b/mssql-jdbc_auth_LICENSE
@@ -1,5 +1,5 @@
 MICROSOFT SOFTWARE LICENSE TERMS
-MICROSOFT JDBC DRIVER 12.8.0 FOR SQL SERVER
+MICROSOFT JDBC DRIVER 12.8.1 FOR SQL SERVER
 
 These license terms are an agreement between you and Microsoft Corporation (or one of its affiliates). They apply to the software named above and any Microsoft services or software updates (except to the extent such services or updates are accompanied by new or additional terms, in which case those different terms apply prospectively and do not alter your or Microsoft’s rights relating to pre-updated software or services). IF YOU COMPLY WITH THESE LICENSE TERMS, YOU HAVE THE RIGHTS BELOW.  BY USING THE SOFTWARE, YOU ACCEPT THESE TERMS.
 
diff --git a/pom.xml b/pom.xml
index 0e2c02ece..076bee222 100644
--- a/pom.xml
+++ b/pom.xml
@@ -5,7 +5,7 @@
 	<modelVersion>4.0.0</modelVersion>
 	<groupId>com.microsoft.sqlserver</groupId>
 	<artifactId>mssql-jdbc</artifactId>
-	<version>12.8.0</version>
+	<version>12.8.1</version>
 	<packaging>jar</packaging>
 	<name>Microsoft JDBC Driver for SQL Server</name>
 	<description>
diff --git a/src/main/java/com/microsoft/sqlserver/jdbc/SQLJdbcVersion.java b/src/main/java/com/microsoft/sqlserver/jdbc/SQLJdbcVersion.java
index e246c1844..8e7768ebd 100644
--- a/src/main/java/com/microsoft/sqlserver/jdbc/SQLJdbcVersion.java
+++ b/src/main/java/com/microsoft/sqlserver/jdbc/SQLJdbcVersion.java
@@ -8,7 +8,7 @@
 final class SQLJdbcVersion {
     static final int MAJOR = 12;
     static final int MINOR = 8;
-    static final int PATCH = 0;
+    static final int PATCH = 1;
     static final int BUILD = 0;
     /*
      * Used to load mssql-jdbc_auth DLL.