diff --git a/CHANGES.md b/CHANGES.md
index d89859366..f2f39c3b6 100644
--- a/CHANGES.md
+++ b/CHANGES.md
@@ -1,6 +1,17 @@
+Synapse 1.86.0rc2 (2023-06-14)
+==============================
+
+Bugfixes
+--------
+
+- Fix an error when having workers of different versions running. ([\#15774](https://github.com/matrix-org/synapse/issues/15774))
+
+
 Synapse 1.86.0rc1 (2023-06-13)
 ==============================
 
+This version was tagged but never released.
+
 Features
 --------
 
diff --git a/changelog.d/15774.bugfix b/changelog.d/15774.bugfix
deleted file mode 100644
index c24d6c25e..000000000
--- a/changelog.d/15774.bugfix
+++ /dev/null
@@ -1 +0,0 @@
-Fix an error when having workers of different versions running.
diff --git a/debian/changelog b/debian/changelog
index 1c13433c4..81b71ba34 100644
--- a/debian/changelog
+++ b/debian/changelog
@@ -1,3 +1,9 @@
+matrix-synapse-py3 (1.86.0~rc2) stable; urgency=medium
+
+  * New Synapse release 1.86.0rc2.
+
+ -- Synapse Packaging team <packages@matrix.org>  Wed, 14 Jun 2023 12:16:27 +0200
+
 matrix-synapse-py3 (1.86.0~rc1) stable; urgency=medium
 
   * New Synapse release 1.86.0rc1.
diff --git a/pyproject.toml b/pyproject.toml
index 6bbbf9500..097bd0394 100644
--- a/pyproject.toml
+++ b/pyproject.toml
@@ -89,7 +89,7 @@ manifest-path = "rust/Cargo.toml"
 
 [tool.poetry]
 name = "matrix-synapse"
-version = "1.86.0rc1"
+version = "1.86.0rc2"
 description = "Homeserver for the Matrix decentralised comms protocol"
 authors = ["Matrix.org Team and Contributors <packages@matrix.org>"]
 license = "Apache-2.0"