diff --git a/setup.cfg b/setup.cfg
index fe6c2f3..17ea333 100644
--- a/setup.cfg
+++ b/setup.cfg
@@ -32,7 +32,7 @@ package_dir =
 packages = find:
 python_requires = >=3.7
 install_requires =
-    typeguard>=2.10
+    typeguard>=2.10,<3
     typing_extensions>=4.3.0
     numerary>=0.3.0,<0.4; python_version<'3.8'
     numerary>=0.4.3; python_version>='3.8'
diff --git a/src/phantom/__init__.py b/src/phantom/__init__.py
index 828a3a7..117c259 100644
--- a/src/phantom/__init__.py
+++ b/src/phantom/__init__.py
@@ -23,7 +23,7 @@ class Big(int, Phantom, predicate=is_big):
 from .errors import BoundError
 from .predicates import Predicate
 
-__version__ = "1.2.1"
+__version__ = "1.2.2"
 __all__ = (
     "BoundError",
     "Phantom",