diff --git a/CHANGELOG.md b/CHANGELOG.md
index 2fab557..1ea4559 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,6 +1,14 @@
 Change Log
 ==========
 
+## Version 1.3.1
+
+_2016-10-21_
+
+ *  Fix: Don't incorrectly report invalid input when a slash character is escaped. When we tightened
+    our invalid escape handling we missed the one character that is valid both escaped `\/` and
+    unescaped `/`.
+
 ## Version 1.3.0
 
 _2016-10-15_
diff --git a/README.md b/README.md
index 38e8e7c..f208131 100644
--- a/README.md
+++ b/README.md
@@ -455,12 +455,12 @@ Download [the latest JAR][dl] or depend via Maven:
 <dependency>
   <groupId>com.squareup.moshi</groupId>
   <artifactId>moshi</artifactId>
-  <version>1.3.0</version>
+  <version>1.3.1</version>
 </dependency>
 ```
 or Gradle:
 ```groovy
-compile 'com.squareup.moshi:moshi:1.3.0'
+compile 'com.squareup.moshi:moshi:1.3.1'
 ```
 
 Snapshots of the development version are available in [Sonatype's `snapshots` repository][snap].