diff --git a/CHANGELOG.md b/CHANGELOG.md
index 65030b5c45..8e973ca542 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,9 +1,14 @@
 ### Unreleased
 
+### 3.2.3
+
 * enhancements
   * Devise will use the `secret_key_base` on Rails 4+ applications as its `secret_key`.
     You can change this and use your own secret by changing the `devise.rb` initializer.
 
+* bug fix
+  * Migrations will be properly generated when using rails 4.1.0.
+
 ### 3.2.2
 
 * bug fix
diff --git a/Gemfile.lock b/Gemfile.lock
index b73133c5a7..c8adf9489e 100644
--- a/Gemfile.lock
+++ b/Gemfile.lock
@@ -12,7 +12,7 @@ GIT
 PATH
   remote: .
   specs:
-    devise (3.2.2)
+    devise (3.2.3)
       bcrypt-ruby (~> 3.0)
       orm_adapter (~> 0.1)
       railties (>= 3.2.6, < 5)
@@ -90,7 +90,7 @@ GEM
       omniauth (~> 1.0)
       rack-openid (~> 1.3.1)
     origin (1.1.0)
-    orm_adapter (0.4.0)
+    orm_adapter (0.5.0)
     polyglot (0.3.3)
     rack (1.5.2)
     rack-openid (1.3.1)
diff --git a/lib/devise/version.rb b/lib/devise/version.rb
index 53ffa77c95..48137a8e1e 100644
--- a/lib/devise/version.rb
+++ b/lib/devise/version.rb
@@ -1,3 +1,3 @@
 module Devise
-  VERSION = "3.2.2".freeze
+  VERSION = "3.2.3".freeze
 end