diff --git a/pkgs/development/python-modules/timeout-decorator/default.nix b/pkgs/development/python-modules/timeout-decorator/default.nix
new file mode 100644
index 00000000000..342531ab976
--- /dev/null
+++ b/pkgs/development/python-modules/timeout-decorator/default.nix
@@ -0,0 +1,16 @@
+{ stdenv, buildPythonPackage, fetchPypi }:
+buildPythonPackage rec {
+  pname = "timeout-decorator";
+  version = "0.4.0";
+
+  src = fetchPypi {
+    inherit pname version;
+    sha256 = "1bckwbi5078z3x9lyf8vl9dhx10nymwwnp46c98wm5m02x5j37g4";
+  };
+
+  meta = with stdenv.lib; {
+    description = "Timeout decorator";
+    license = licenses.mit;
+    homepage = https://github.com/pnpnpn/timeout-decorator;
+  };
+}
diff --git a/pkgs/top-level/python-packages.nix b/pkgs/top-level/python-packages.nix
index 1e7acc65635..3e5d663b88c 100644
--- a/pkgs/top-level/python-packages.nix
+++ b/pkgs/top-level/python-packages.nix
@@ -13034,15 +13034,7 @@ in {
     };
   };
 
-  timeout-decorator = buildPythonPackage rec {
-    name    = "timeout-decorator-${version}";
-    version = "0.3.2";
-
-    src = pkgs.fetchurl {
-      url    = "http://pypi.python.org/packages/source/t/timeout-decorator/${name}.tar.gz";
-      sha256 = "1x9l8bwdk72if2d5h5mi4lcaidbsmyh0iz114cfyyj1rzz5rxqaf";
-    };
-  };
+  timeout-decorator = callPackage ../development/python-modules/timeout-decorator { };
 
   pid = buildPythonPackage rec {
     name = "pid-${version}";