diff --git a/otx/__init__.py b/otx/__init__.py
index 4ba97d6e3d5..b6d4b546e91 100644
--- a/otx/__init__.py
+++ b/otx/__init__.py
@@ -3,5 +3,5 @@
 # Copyright (C) 2021-2023 Intel Corporation
 # SPDX-License-Identifier: Apache-2.0
 
-__version__ = "1.3.1rc2"
+__version__ = "1.3.1"
 # NOTE: Sync w/ otx/api/usecases/exportable_code/demo/requirements.txt on release
diff --git a/otx/api/usecases/exportable_code/demo/requirements.txt b/otx/api/usecases/exportable_code/demo/requirements.txt
index 98f2d8d0638..9f1fcb40ada 100644
--- a/otx/api/usecases/exportable_code/demo/requirements.txt
+++ b/otx/api/usecases/exportable_code/demo/requirements.txt
@@ -1,4 +1,4 @@
 openvino==2022.3.0
 openmodelzoo-modelapi==2022.3.0
-otx==1.3.1rc2
+otx==1.3.1
 numpy>=1.21.0,<=1.23.5  # np.bool was removed in 1.24.0 which was used in openvino runtime
diff --git a/requirements/api.txt b/requirements/api.txt
index 4db8862a507..a8af318f519 100644
--- a/requirements/api.txt
+++ b/requirements/api.txt
@@ -5,7 +5,7 @@ networkx>=2.6,<=2.8.0
 numpy>=1.21.0,<=1.23.4  # np.bool was removed in 1.24.0 which was used in openvino runtime
 omegaconf>=2.1.1
 opencv-python>=4.5
-pymongo==3.12.0
+bson==0.5.*
 scikit-learn==0.24.*
 Shapely>=1.7.1,<=1.8.0
 imagesize==1.4.1