diff --git a/package/python-telnetlib3/python-telnetlib3.hash b/package/python-telnetlib3/python-telnetlib3.hash
index 14c52634f5..65881e7808 100644
--- a/package/python-telnetlib3/python-telnetlib3.hash
+++ b/package/python-telnetlib3/python-telnetlib3.hash
@@ -1,5 +1,5 @@
 # md5, sha256 from https://pypi.org/pypi/telnetlib3/json
-md5  c72d70acb65fba264c7f1a8ed68d4e07  telnetlib3-4.0.2.tar.gz
-sha256  76726d7a7a34163b5dbef461e9cbf8fb4bda8f4fe7fcb225f56cbb4dcf5fd16e  telnetlib3-4.0.2.tar.gz
+md5  b60dff81a92a07ceba879130b48d1e4f  telnetlib3-5.0.1.tar.gz
+sha256  6fde197ffb71cf26ad27fe2c88694d8364f4b1cc962a37762e0cf7e79b9afaed  telnetlib3-5.0.1.tar.gz
 # Locally computed sha256 checksums
 sha256  23bf24a5fe7cbfc70b962da94334649cf60a3b309834c72eb053d91d8caf60cb  LICENSE.txt
diff --git a/package/python-telnetlib3/python-telnetlib3.mk b/package/python-telnetlib3/python-telnetlib3.mk
index 7b29e7b13e..60772a63ba 100644
--- a/package/python-telnetlib3/python-telnetlib3.mk
+++ b/package/python-telnetlib3/python-telnetlib3.mk
@@ -4,9 +4,9 @@
 #
 ################################################################################
 
-PYTHON_TELNETLIB3_VERSION = 4.0.2
+PYTHON_TELNETLIB3_VERSION = 5.0.1
 PYTHON_TELNETLIB3_SOURCE = telnetlib3-$(PYTHON_TELNETLIB3_VERSION).tar.gz
-PYTHON_TELNETLIB3_SITE = https://files.pythonhosted.org/packages/2c/1f/a5de9f0f86976d299a439619417019a9674fa8662377659734dd6e067235
+PYTHON_TELNETLIB3_SITE = https://files.pythonhosted.org/packages/b2/6f/92e130274d84487c48b149f1c5bade54dae3cf535b4c7a5d4ca3e6579590
 PYTHON_TELNETLIB3_SETUP_TYPE = hatch
 PYTHON_TELNETLIB3_LICENSE = ISC
 PYTHON_TELNETLIB3_LICENSE_FILES = LICENSE.txt