diff --git a/charts/dragonfly-operator/Chart.yaml b/charts/dragonfly-operator/Chart.yaml
index 336e539..6ba195e 100644
--- a/charts/dragonfly-operator/Chart.yaml
+++ b/charts/dragonfly-operator/Chart.yaml
@@ -15,10 +15,10 @@ type: application
 # This is the chart version. This version number should be incremented each time you make changes
 # to the chart and its templates, including the app version.
 # Versions are expected to follow Semantic Versioning (https://semver.org/)
-version: v1.1.7
+version: v1.1.8
 
 # This is the version number of the application being deployed. This version number should be
 # incremented each time you make changes to the application. Versions are not expected to
 # follow Semantic Versioning. They should reflect the version the application is using.
 # It is recommended to use it with quotes.
-appVersion: "v1.1.7"
+appVersion: "v1.1.8"
diff --git a/config/manager/kustomization.yaml b/config/manager/kustomization.yaml
index 6a23343..3c969b7 100644
--- a/config/manager/kustomization.yaml
+++ b/config/manager/kustomization.yaml
@@ -5,4 +5,4 @@ kind: Kustomization
 images:
   - name: controller
     newName: docker.dragonflydb.io/dragonflydb/operator
-    newTag: v1.1.7
+    newTag: v1.1.8
diff --git a/manifests/dragonfly-operator.yaml b/manifests/dragonfly-operator.yaml
index 29a7286..6cf779a 100644
--- a/manifests/dragonfly-operator.yaml
+++ b/manifests/dragonfly-operator.yaml
@@ -2100,7 +2100,7 @@ spec:
         - --leader-elect
         command:
         - /manager
-        image: docker.dragonflydb.io/dragonflydb/operator:v1.1.7
+        image: docker.dragonflydb.io/dragonflydb/operator:v1.1.8
         livenessProbe:
           httpGet:
             path: /healthz