diff --git a/Cargo.lock b/Cargo.lock
index 054b775..dde4b17 100644
--- a/Cargo.lock
+++ b/Cargo.lock
@@ -1845,7 +1845,7 @@ checksum = "c08c74e62047bb2de4ff487b251e4a92e24f48745648451635cec7d591162d9f"
 
 [[package]]
 name = "restate-operator"
-version = "0.3.0"
+version = "0.3.1"
 dependencies = [
  "actix-web",
  "anyhow",
diff --git a/Cargo.toml b/Cargo.toml
index 90d69a9..2acfdd1 100644
--- a/Cargo.toml
+++ b/Cargo.toml
@@ -1,6 +1,6 @@
 [package]
 name = "restate-operator"
-version = "0.3.0"
+version = "0.3.1"
 authors = ["restate.dev"]
 edition = "2021"
 rust-version = "1.75"
diff --git a/charts/restate-operator-helm/Chart.yaml b/charts/restate-operator-helm/Chart.yaml
index fc3d370..8b0c2e8 100644
--- a/charts/restate-operator-helm/Chart.yaml
+++ b/charts/restate-operator-helm/Chart.yaml
@@ -2,5 +2,5 @@ apiVersion: v2
 name: restate-operator-helm
 description: An operator for Restate clusters
 type: application
-version: "0.3.0"
-appVersion: "0.3.0"
+version: "0.3.1"
+appVersion: "0.3.1"