diff --git a/examples/controlnet/train_controlnet.py b/examples/controlnet/train_controlnet.py
index 9b9ba5ab73..d8f7b68a54 100644
--- a/examples/controlnet/train_controlnet.py
+++ b/examples/controlnet/train_controlnet.py
@@ -55,7 +55,7 @@ if is_wandb_available():
     import wandb
 
 # Will error if the minimal version of diffusers is not installed. Remove at your own risks.
-check_min_version("0.16.0")
+check_min_version("0.17.0.dev0")
 
 logger = get_logger(__name__)
 
diff --git a/examples/controlnet/train_controlnet_flax.py b/examples/controlnet/train_controlnet_flax.py
index aff361cb6e..18d97502c7 100644
--- a/examples/controlnet/train_controlnet_flax.py
+++ b/examples/controlnet/train_controlnet_flax.py
@@ -59,7 +59,7 @@ if is_wandb_available():
     import wandb
 
 # Will error if the minimal version of diffusers is not installed. Remove at your own risks.
-check_min_version("0.16.0")
+check_min_version("0.17.0.dev0")
 
 logger = logging.getLogger(__name__)
 
diff --git a/examples/custom_diffusion/train_custom_diffusion.py b/examples/custom_diffusion/train_custom_diffusion.py
index 0954f3d6e7..7060f8da45 100644
--- a/examples/custom_diffusion/train_custom_diffusion.py
+++ b/examples/custom_diffusion/train_custom_diffusion.py
@@ -56,7 +56,7 @@ from diffusers.utils.import_utils import is_xformers_available
 
 
 # Will error if the minimal version of diffusers is not installed. Remove at your own risks.
-check_min_version("0.16.0")
+check_min_version("0.17.0.dev0")
 
 logger = get_logger(__name__)
 
diff --git a/examples/dreambooth/train_dreambooth.py b/examples/dreambooth/train_dreambooth.py
index a9449002ca..593af005d6 100644
--- a/examples/dreambooth/train_dreambooth.py
+++ b/examples/dreambooth/train_dreambooth.py
@@ -56,7 +56,7 @@ if is_wandb_available():
     import wandb
 
 # Will error if the minimal version of diffusers is not installed. Remove at your own risks.
-check_min_version("0.16.0")
+check_min_version("0.17.0.dev0")
 
 logger = get_logger(__name__)
 
diff --git a/examples/dreambooth/train_dreambooth_flax.py b/examples/dreambooth/train_dreambooth_flax.py
index 1a4ca9153c..2a2200181d 100644
--- a/examples/dreambooth/train_dreambooth_flax.py
+++ b/examples/dreambooth/train_dreambooth_flax.py
@@ -36,7 +36,7 @@ from diffusers.utils import check_min_version
 
 
 # Will error if the minimal version of diffusers is not installed. Remove at your own risks.
-check_min_version("0.16.0")
+check_min_version("0.17.0.dev0")
 
 # Cache compiled models across invocations of this script.
 cc.initialize_cache(os.path.expanduser("~/.cache/jax/compilation_cache"))
diff --git a/examples/dreambooth/train_dreambooth_lora.py b/examples/dreambooth/train_dreambooth_lora.py
index 805a8d1eea..3aa2fb0a84 100644
--- a/examples/dreambooth/train_dreambooth_lora.py
+++ b/examples/dreambooth/train_dreambooth_lora.py
@@ -55,7 +55,7 @@ from diffusers.utils.import_utils import is_xformers_available
 
 
 # Will error if the minimal version of diffusers is not installed. Remove at your own risks.
-check_min_version("0.16.0")
+check_min_version("0.17.0.dev0")
 
 logger = get_logger(__name__)
 
diff --git a/examples/instruct_pix2pix/train_instruct_pix2pix.py b/examples/instruct_pix2pix/train_instruct_pix2pix.py
index dc5a1c3081..de555a50ba 100644
--- a/examples/instruct_pix2pix/train_instruct_pix2pix.py
+++ b/examples/instruct_pix2pix/train_instruct_pix2pix.py
@@ -51,7 +51,7 @@ from diffusers.utils.import_utils import is_xformers_available
 
 
 # Will error if the minimal version of diffusers is not installed. Remove at your own risks.
-check_min_version("0.16.0")
+check_min_version("0.17.0.dev0")
 
 logger = get_logger(__name__, log_level="INFO")
 
diff --git a/examples/text_to_image/train_text_to_image.py b/examples/text_to_image/train_text_to_image.py
index 1d6db2a6f1..1d62cb7f81 100644
--- a/examples/text_to_image/train_text_to_image.py
+++ b/examples/text_to_image/train_text_to_image.py
@@ -50,7 +50,7 @@ if is_wandb_available():
 
 
 # Will error if the minimal version of diffusers is not installed. Remove at your own risks.
-check_min_version("0.16.0")
+check_min_version("0.17.0.dev0")
 
 logger = get_logger(__name__, log_level="INFO")
 
diff --git a/examples/text_to_image/train_text_to_image_flax.py b/examples/text_to_image/train_text_to_image_flax.py
index c5dc71f053..2b2255b463 100644
--- a/examples/text_to_image/train_text_to_image_flax.py
+++ b/examples/text_to_image/train_text_to_image_flax.py
@@ -33,7 +33,7 @@ from diffusers.utils import check_min_version
 
 
 # Will error if the minimal version of diffusers is not installed. Remove at your own risks.
-check_min_version("0.16.0")
+check_min_version("0.17.0.dev0")
 
 logger = logging.getLogger(__name__)
 
diff --git a/examples/text_to_image/train_text_to_image_lora.py b/examples/text_to_image/train_text_to_image_lora.py
index 39bdb4e59a..c2a4e1aacd 100644
--- a/examples/text_to_image/train_text_to_image_lora.py
+++ b/examples/text_to_image/train_text_to_image_lora.py
@@ -47,7 +47,7 @@ from diffusers.utils.import_utils import is_xformers_available
 
 
 # Will error if the minimal version of diffusers is not installed. Remove at your own risks.
-check_min_version("0.16.0")
+check_min_version("0.17.0.dev0")
 
 logger = get_logger(__name__, log_level="INFO")
 
diff --git a/examples/textual_inversion/textual_inversion.py b/examples/textual_inversion/textual_inversion.py
index 824759cc4c..c58f6b6006 100644
--- a/examples/textual_inversion/textual_inversion.py
+++ b/examples/textual_inversion/textual_inversion.py
@@ -77,7 +77,7 @@ else:
 
 
 # Will error if the minimal version of diffusers is not installed. Remove at your own risks.
-check_min_version("0.16.0")
+check_min_version("0.17.0.dev0")
 
 logger = get_logger(__name__)
 
diff --git a/examples/textual_inversion/textual_inversion_flax.py b/examples/textual_inversion/textual_inversion_flax.py
index 19553ceb92..af167c53f2 100644
--- a/examples/textual_inversion/textual_inversion_flax.py
+++ b/examples/textual_inversion/textual_inversion_flax.py
@@ -56,7 +56,7 @@ else:
 # ------------------------------------------------------------------------------
 
 # Will error if the minimal version of diffusers is not installed. Remove at your own risks.
-check_min_version("0.16.0")
+check_min_version("0.17.0.dev0")
 
 logger = logging.getLogger(__name__)
 
diff --git a/examples/unconditional_image_generation/train_unconditional.py b/examples/unconditional_image_generation/train_unconditional.py
index 836a38f962..282f52101a 100644
--- a/examples/unconditional_image_generation/train_unconditional.py
+++ b/examples/unconditional_image_generation/train_unconditional.py
@@ -28,7 +28,7 @@ from diffusers.utils.import_utils import is_xformers_available
 
 
 # Will error if the minimal version of diffusers is not installed. Remove at your own risks.
-check_min_version("0.16.0")
+check_min_version("0.17.0.dev0")
 
 logger = get_logger(__name__, log_level="INFO")
 
diff --git a/setup.py b/setup.py
index ea98b5d102..c0df285dcf 100644
--- a/setup.py
+++ b/setup.py
@@ -226,7 +226,7 @@ install_requires = [
 
 setup(
     name="diffusers",
-    version="0.16.0",  # expected format is one of x.y.z.dev0, or x.y.z.rc1 or x.y.z (no to dashes, yes to dots)
+    version="0.17.0.dev0",  # expected format is one of x.y.z.dev0, or x.y.z.rc1 or x.y.z (no to dashes, yes to dots)
     description="Diffusers",
     long_description=open("README.md", "r", encoding="utf-8").read(),
     long_description_content_type="text/markdown",
diff --git a/src/diffusers/__init__.py b/src/diffusers/__init__.py
index d4dbf11450..f21a550517 100644
--- a/src/diffusers/__init__.py
+++ b/src/diffusers/__init__.py
@@ -1,4 +1,4 @@
-__version__ = "0.16.0"
+__version__ = "0.17.0.dev0"
 
 from .configuration_utils import ConfigMixin
 from .utils import (
diff --git a/src/diffusers/pipelines/pipeline_utils.py b/src/diffusers/pipelines/pipeline_utils.py
index 8c028b64a8..5e4290e8db 100644
--- a/src/diffusers/pipelines/pipeline_utils.py
+++ b/src/diffusers/pipelines/pipeline_utils.py
@@ -1075,8 +1075,8 @@ class DiffusionPipeline(ConfigMixin):
 
         return_cached_folder = kwargs.pop("return_cached_folder", False)
         if return_cached_folder:
-            message = f"Passing `return_cached_folder=True` is deprecated and will be removed in `diffusers=0.17.0`. Please do the following instead: \n 1. Load the cached_folder via `cached_folder={cls}.download({pretrained_model_name_or_path})`. \n 2. Load the pipeline by loading from the cached folder: `pipeline={cls}.from_pretrained(cached_folder)`."
-            deprecate("return_cached_folder", "0.17.0", message)
+            message = f"Passing `return_cached_folder=True` is deprecated and will be removed in `diffusers=0.18.0`. Please do the following instead: \n 1. Load the cached_folder via `cached_folder={cls}.download({pretrained_model_name_or_path})`. \n 2. Load the pipeline by loading from the cached folder: `pipeline={cls}.from_pretrained(cached_folder)`."
+            deprecate("return_cached_folder", "0.18.0", message)
             return model, cached_folder
 
         return model
@@ -1238,7 +1238,7 @@ class DiffusionPipeline(ConfigMixin):
             # if the whole pipeline is cached we don't have to ping the Hub
             if revision in DEPRECATED_REVISION_ARGS and version.parse(
                 version.parse(__version__).base_version
-            ) >= version.parse("0.17.0"):
+            ) >= version.parse("0.18.0"):
                 warn_deprecated_model_variant(
                     pretrained_model_name, use_auth_token, variant, revision, model_filenames
                 )
diff --git a/src/diffusers/utils/hub_utils.py b/src/diffusers/utils/hub_utils.py
index 9cfc649c8b..6e44370a37 100644
--- a/src/diffusers/utils/hub_utils.py
+++ b/src/diffusers/utils/hub_utils.py
@@ -280,7 +280,7 @@ def _get_model_file(
         if (
             revision in DEPRECATED_REVISION_ARGS
             and (weights_name == WEIGHTS_NAME or weights_name == SAFETENSORS_WEIGHTS_NAME)
-            and version.parse(version.parse(__version__).base_version) >= version.parse("0.17.0")
+            and version.parse(version.parse(__version__).base_version) >= version.parse("0.18.0")
         ):
             try:
                 model_file = hf_hub_download(