Android Studio compile error : enum constant INSTANT_RUN_REPLACEMENT does not exist in class

I'm getting following error in my project with Android Studio 2.0 preview 5 and gradle plugin 1.5.0. Even clean project throws the same error.

EtaskArtifacts.bin .gradle/2.11/taskArtifacts/taskArtifacts.bin). > rror:Could not read entry ':app:processDebugManifest' from cache taskArtifacts.bin (/PROJECT_PATH/.gradle/2.10/taskArtifacts/taskArtifacts.bin).
enum constant INSTANT_RUN_REPLACEMENT does not exist in class com.android.manifmerger.ManifestMerger2$Invoker$Feature

Solution 1:

Edit : The issue is already fixed, please upgrade to latest version of Android Studio, you can track the issue here.

I found a simple solution. Just delete ProjectDirectory/.gradle/taskArtifacts.bin file and restart Android Studio.

Solution 2:

Here are the steps for fixing this

1. Go to your Run/Debug configuration
2. Select Edit Configuration....
3. On General tab you might be getting red warning to Update Project.
4. Click on it, it will handle handle rest.