diff --git a/CHANGES b/CHANGES
index 59af17129..aa87c5dd4 100644
--- a/CHANGES
+++ b/CHANGES
@@ -1,4 +1,4 @@
-Release 1.7.7 (in development)
+Release 1.6.8 (in development)
 ==============================
 
 Dependencies
diff --git a/sphinx/__init__.py b/sphinx/__init__.py
index 76873b376..aae7c878f 100644
--- a/sphinx/__init__.py
+++ b/sphinx/__init__.py
@@ -34,13 +34,13 @@ if 'PYTHONWARNINGS' not in os.environ:
 warnings.filterwarnings('ignore', "'U' mode is deprecated",
                         DeprecationWarning, module='docutils.io')
 
-__version__ = '1.7.7+'
-__released__ = '1.7.7'  # used when Sphinx builds its own docs
+__version__ = '1.6.8+'
+__released__ = '1.6.8'  # used when Sphinx builds its own docs
 
 # version info for better programmatic use
 # possible values for 3rd element: 'alpha', 'beta', 'rc', 'final'
 # 'final' has 0 as the last element
-version_info = (1, 7, 7, 'beta', 0)
+version_info = (1, 6, 8, 'beta', 0)
 
 package_dir = path.abspath(path.dirname(__file__))