diff --git a/CHANGELOG.md b/CHANGELOG.md
index 87d29ff6df..edc319511b 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -22,32 +22,6 @@ The format is based on [Keep a Changelog](http://keepachangelog.com/en/1.0.0/).
 ### Fixed
 
 
-
-## [unreleased.BugFix] - YYYY-MM-DD
-
-### Added
-
-
-### Changed
-
-
-### Deprecated
-
-
-### Removed
-
-
-### Fixed
-
-- Fixed trainer by default `None` in `DDPAccelerator` ([#4915](https://github.com/PyTorchLightning/pytorch-lightning/pull/4915))
-
-
-- Fixed `LightningOptimizer` exposes optimizer attributes ([#5095](https://github.com/PyTorchLightning/pytorch-lightning/pull/5095))
-
-
-- Do not warn when the `name` key is used in the `lr_scheduler` dict ([#5057](https://github.com/PyTorchLightning/pytorch-lightning/pull/5057))
-
-
 ## [1.1.0] - 2020-12-09
 
 ### Added
diff --git a/pytorch_lightning/__init__.py b/pytorch_lightning/__init__.py
index 408d95a72d..595750af07 100644
--- a/pytorch_lightning/__init__.py
+++ b/pytorch_lightning/__init__.py
@@ -1,6 +1,6 @@
 """Root package info."""
 
-__version__ = '1.1.1rc0'
+__version__ = '1.2.0dev'
 __author__ = 'William Falcon et al.'
 __author_email__ = 'waf2107@columbia.edu'
 __license__ = 'Apache-2.0'