diff --git a/charts/enterprise-kyverno-operator/Chart.yaml b/charts/enterprise-kyverno-operator/Chart.yaml
index e764ac0d..830813ff 100644
--- a/charts/enterprise-kyverno-operator/Chart.yaml
+++ b/charts/enterprise-kyverno-operator/Chart.yaml
@@ -2,9 +2,8 @@ apiVersion: v2
 name: nirmata-kyverno-operator
 description: Helm Chart for Enterprise Kyverno Operator
 type: application
-version: v0.3.7
-appVersion: v0.2.1
-
+version: v0.3.8
+appVersion: v0.2.0
 icon: https://github.com/kyverno/kyverno/raw/main/img/logo.png
 keywords:
   - kubernetes
diff --git a/charts/enterprise-kyverno-operator/templates/cr-policysets.yaml b/charts/enterprise-kyverno-operator/templates/cr-policysets.yaml
index 07b7a41b..2aac6041 100644
--- a/charts/enterprise-kyverno-operator/templates/cr-policysets.yaml
+++ b/charts/enterprise-kyverno-operator/templates/cr-policysets.yaml
@@ -24,13 +24,13 @@
   {{- $psetType = "helm" -}}
   {{- $chartRepo = "https://nirmata.github.io/kyverno-policies" -}}
   {{- $chartName = "pss-baseline-policies" -}}
-  {{- $version = "0.2.4" -}}
+  {{- $version = "0.3.1" -}}
 {{- else if eq $pol "pod-security-restricted" -}}
   {{- $psetName = "pod-security-restricted" -}}
   {{- $psetType = "helm" -}}
   {{- $chartRepo = "https://nirmata.github.io/kyverno-policies" -}}
   {{- $chartName = "pss-restricted-policies" -}}
-  {{- $version = "0.2.4" -}}
+  {{- $version = "0.3.1" -}}
 {{- else if eq $pol "rbac-best-practices" -}}
   {{- $psetName = "rbac-best-practices" -}}
   {{- $psetType = "helm" -}}