diff --git a/setup.py b/setup.py
index 8db1319a3c..a7387ef0bb 100755
--- a/setup.py
+++ b/setup.py
@@ -17,7 +17,7 @@ if '--disable-hidapi' in sys.argv:
 else:
     install_requires.append('hidapi>=0.7.99.post20')
 
-from trezorlib.version import VERSION
+from trezorlib import __version__ as VERSION
 
 setup(
     name='trezor',
diff --git a/trezorctl b/trezorctl
index 1428d8f18f..b5a1add7a8 100755
--- a/trezorctl
+++ b/trezorctl
@@ -117,7 +117,7 @@ def ls(transport_name):
 @cli.command(name='version', help='Show version of trezorctl/trezorlib.')
 @click.pass_obj
 def version(_):
-    from trezorlib.version import VERSION
+    from trezorlib import __version__ as VERSION
     return VERSION
 
 
diff --git a/trezorlib/__init__.py b/trezorlib/__init__.py
index e69de29bb2..897518a546 100644
--- a/trezorlib/__init__.py
+++ b/trezorlib/__init__.py
@@ -0,0 +1 @@
+__version__ = '0.8.0a3'
diff --git a/trezorlib/version.py b/trezorlib/version.py
deleted file mode 100644
index b377742a76..0000000000
--- a/trezorlib/version.py
+++ /dev/null
@@ -1 +0,0 @@
-VERSION = '0.8.0a1'