diff --git a/Makefile b/Makefile
index 8d83edc4..20b03b07 100644
--- a/Makefile
+++ b/Makefile
@@ -2,7 +2,7 @@ SHELL := /bin/bash
 # Detect the OS to set per-OS defaults
 OS_NAME = $(shell uname -s)
 # Current Operator version
-VERSION ?= v0.1.0
+VERSION ?= v0.1.1
 # Current Gatekeeper version
 GATEKEEPER_VERSION ?= v3.3.0
 # Default image repo
diff --git a/bundle/manifests/gatekeeper-operator.clusterserviceversion.yaml b/bundle/manifests/gatekeeper-operator.clusterserviceversion.yaml
index 74bbfee2..2ec8983c 100644
--- a/bundle/manifests/gatekeeper-operator.clusterserviceversion.yaml
+++ b/bundle/manifests/gatekeeper-operator.clusterserviceversion.yaml
@@ -29,7 +29,7 @@ metadata:
     capabilities: Basic Install
     operators.operatorframework.io/builder: operator-sdk-v1.2.0
     operators.operatorframework.io/project_layout: go.kubebuilder.io/v2
-  name: gatekeeper-operator.v0.1.0
+  name: gatekeeper-operator.v0.1.1
   namespace: placeholder
 spec:
   apiservicedefinitions: {}
@@ -292,7 +292,7 @@ spec:
                 - --enable-leader-election
                 command:
                 - /manager
-                image: quay.io/gatekeeper/gatekeeper-operator:v0.1.0
+                image: quay.io/gatekeeper/gatekeeper-operator:v0.1.1
                 imagePullPolicy: Always
                 name: manager
                 resources:
@@ -393,4 +393,4 @@ spec:
   maturity: alpha
   provider:
     name: Red Hat
-  version: 0.1.0
+  version: 0.1.1
diff --git a/config/manager/kustomization.yaml b/config/manager/kustomization.yaml
index 4f373c06..f73f4a79 100644
--- a/config/manager/kustomization.yaml
+++ b/config/manager/kustomization.yaml
@@ -5,4 +5,4 @@ kind: Kustomization
 images:
 - name: controller
   newName: quay.io/gatekeeper/gatekeeper-operator
-  newTag: v0.1.0
+  newTag: v0.1.1
diff --git a/deploy/gatekeeper-operator.yaml b/deploy/gatekeeper-operator.yaml
index 9e0a9eee..3ff15c51 100644
--- a/deploy/gatekeeper-operator.yaml
+++ b/deploy/gatekeeper-operator.yaml
@@ -683,7 +683,7 @@ spec:
         - --enable-leader-election
         command:
         - /manager
-        image: quay.io/gatekeeper/gatekeeper-operator:v0.1.0
+        image: quay.io/gatekeeper/gatekeeper-operator:v0.1.1
         imagePullPolicy: Always
         name: manager
         resources: