diff --git a/src/Microsoft.Graph/Microsoft.Graph.Beta.csproj b/src/Microsoft.Graph/Microsoft.Graph.Beta.csproj
index 5c7722f72c5..7ebb9b69cdb 100644
--- a/src/Microsoft.Graph/Microsoft.Graph.Beta.csproj
+++ b/src/Microsoft.Graph/Microsoft.Graph.Beta.csproj
@@ -23,9 +23,10 @@
     <AutoGenerateBindingRedirects>true</AutoGenerateBindingRedirects>
     <PackageReleaseNotes>
 - Fixed a regression where passing custom base url would not be reflected in the requests.
+- Latest metadata updates from 12th January 2023 snapshot
     </PackageReleaseNotes>
     <!-- edit this value to change the current major.minor.patch version -->
-    <VersionPrefix>5.16.1</VersionPrefix>
+    <VersionPrefix>5.17.0</VersionPrefix>
     <!-- adds a version suffix if the Prerelease environment variable is set. BUILD_BUILDID is an
     environment variable set by Azure pipelines from the build. We can use the buildid to correlate
     which commit was used to generate the preview build. -->