diff --git a/pelorus-operator/bundle/manifests/pelorus-operator.clusterserviceversion.yaml b/pelorus-operator/bundle/manifests/pelorus-operator.clusterserviceversion.yaml
index 44d42de3f..fa62d76f9 100644
--- a/pelorus-operator/bundle/manifests/pelorus-operator.clusterserviceversion.yaml
+++ b/pelorus-operator/bundle/manifests/pelorus-operator.clusterserviceversion.yaml
@@ -461,3 +461,6 @@ spec:
     name: Red Hat
     url: https://redhat.com
   version: 0.0.2
+  replaces: pelorus-operator.v0.0.1
+  skips:
+    - pelorus-operator.v0.0.1
diff --git a/scripts/pelorus-operator-patches/bundle-patches/01_prometheus_grafana_dependencies.diff b/scripts/pelorus-operator-patches/bundle-patches/01_prometheus_grafana_dependencies.diff
index fe34f717a..c8b52dca0 100644
--- a/scripts/pelorus-operator-patches/bundle-patches/01_prometheus_grafana_dependencies.diff
+++ b/scripts/pelorus-operator-patches/bundle-patches/01_prometheus_grafana_dependencies.diff
@@ -9,5 +9,5 @@
 +- type: olm.package
 +  value:
 +    packageName: grafana-operator
-+    version: "4.6.0"
++    version: "4.8.0"