Composer can't update due to not finding version 3.1.1

[patowod]

I have a project with the following in my composer.json

"mullema/k3-image-clip": "v3.1.1",

When running composer update I get

- Root composer.json requires mullema/k3-image-clip v3.1.1, found mullema/k3-image-clip[dev-master, dev-develop, v1.0.0, ..., v1.5.0, v2.0.0, ..., v2.2.1, 3.0.0, 3.1.0] but it does not match the constraint.

Looking further, I found that https://packagist.org/packages/mullema/k3-image-clip also lists 3.1.0 as current version. As far as I can see it right now this is causing the update process to halt.

Is this know or is there a way around this? Any help or hint would be greatly appreciated :)