diff --git a/lang/python/python-setuptools-rust/Makefile b/lang/python/python-setuptools-rust/Makefile
index 559c9c235f..72ad7cdc90 100644
--- a/lang/python/python-setuptools-rust/Makefile
+++ b/lang/python/python-setuptools-rust/Makefile
@@ -8,12 +8,12 @@
 include $(TOPDIR)/rules.mk
 
 PKG_NAME:=python-setuptools-rust
-PKG_VERSION:=1.12.0
+PKG_VERSION:=1.12.1
 PKG_RELEASE:=1
 
 PYPI_NAME:=setuptools-rust
 PYPI_SOURCE_NAME:=setuptools_rust
-PKG_HASH:=d94a93f0c97751c17014565f07bdc324bee45d396cd1bba83d8e7af92b945f0c
+PKG_HASH:=85ae70989d96c9cfeb5ef79cf3bac2d5200bc5564f720a06edceedbdf6664640
 
 PKG_LICENSE:=MIT
 PKG_LICENSE_FILES:=LICENSE