cPanel UPCP error

[Wayne002]

error : Cpanel update failure in upcp
Running `/usr/local/cpanel/scripts/updatenow --upcp --log=/var/cpanel/updatelogs/update.1309823522.log` failed, exited with code 65280
5 July 2011 00:52
Cron /usr/local/cpanel/scripts/upcp --cron
[20110705.005202] Detected cron=1 (cron mode set from command line)
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=> Log opened from /usr/local/cpanel/scripts/upcp at Tue Jul 5 00:52:02 2011
[20110705.005202] Detected cron=1 (cron mode set from command line)
=> Log closed Tue Jul 5 00:52:02 2011
[20110705.005202] mtime on upcp is 1308185050 (Thu Jun 16 01:44:10 2011)
----------------------------------------------------------------------------------------------------
=> Log opened from /usr/local/cpanel/scripts/updatenow at Tue Jul 5 00:52:03 2011
[20110705.005203] E $new_version is not defined! The tier 'stable`' appears invalid!
=> Log closed Tue Jul 5 00:52:03 2011
[20110705.005203] E Running `/usr/local/cpanel/scripts/updatenow --upcp --log=/var/cpanel/updatelogs/update.1309823522.log` failed, exited with code 65280
=> Log closed Tue Jul 5 00:52:03 2011

[maverick]

check details under conf file

vi /etc/cpupdate.conf

ideally which should look like follows

BANDMINUP=inherit
BSDPORTS=yes
COURIERUP=inherit
CPANEL=stable
DOVECOTUP=inherit
EXIMUP=inherit
FTPUP=inherit
MYSQLUP=inherit
NSDUP=inherit
PYTHONUP=inherit
RPMUP=daily
SARULESUP=daily
SYSUP=daily
UPDATES=daily