diff --git a/Makefile b/Makefile
index 7723d8f..9d4931c 100644
--- a/Makefile
+++ b/Makefile
@@ -21,7 +21,7 @@ override DEPLOY_ARGS += $(CLUSTER_SETTINGS_FLAG) --deploytool helm
 export DEPLOY_ARGS
 GH_URL=https://submariner-io.github.io/submariner-charts/charts
 CHARTS_DIR=charts
-CHARTS_VERSION=0.11.1
+CHARTS_VERSION=0.11.2
 HELM_DOCS_VERSION=0.15.0
 REPO_URL=$(shell git config remote.origin.url)
 
diff --git a/submariner-operator/Chart.yaml b/submariner-operator/Chart.yaml
index e06fb23..5559b8a 100644
--- a/submariner-operator/Chart.yaml
+++ b/submariner-operator/Chart.yaml
@@ -1,8 +1,8 @@
 ---
 name: submariner-operator
-version: 0.11.1
+version: 0.11.2
 apiVersion: v2
-appVersion: 0.11.1
+appVersion: 0.11.2
 description: Submariner enables direct networking between Pods and Services in different Kubernetes clusters
 keywords:
 home: https://submariner-io.github.io/
diff --git a/submariner-operator/README.md b/submariner-operator/README.md
index 785eb6d..cfee35a 100644
--- a/submariner-operator/README.md
+++ b/submariner-operator/README.md
@@ -1,6 +1,6 @@
 # submariner-operator
 
-![Version: 0.11.1](https://img.shields.io/badge/Version-0.11.1-informational?style=flat-square) ![AppVersion: 0.11.1](https://img.shields.io/badge/AppVersion-0.11.1-informational?style=flat-square)
+![Version: 0.11.2](https://img.shields.io/badge/Version-0.11.2-informational?style=flat-square) ![AppVersion: 0.11.2](https://img.shields.io/badge/AppVersion-0.11.2-informational?style=flat-square)
 
 Submariner enables direct networking between Pods and Services in different Kubernetes clusters
 
@@ -27,7 +27,7 @@ Submariner enables direct networking between Pods and Services in different Kube
 | broker.server | string | `"example.k8s.apiserver"` |  |
 | broker.token | string | `"test"` |  |
 | gateway.image.repository | string | `"quay.io/submariner/submariner-gateway"` |  |
-| gateway.image.tag | string | `"0.11.1"` |  |
+| gateway.image.tag | string | `"0.11.2"` |  |
 | ipsec.debug | bool | `false` |  |
 | ipsec.forceUDPEncaps | bool | `false` |  |
 | ipsec.ikePort | int | `500` |  |
@@ -39,7 +39,7 @@ Submariner enables direct networking between Pods and Services in different Kube
 | operator.affinity | object | `{}` |  |
 | operator.image.pullPolicy | string | `"IfNotPresent"` |  |
 | operator.image.repository | string | `"quay.io/submariner/submariner-operator"` |  |
-| operator.image.tag | string | `"0.11.1"` |  |
+| operator.image.tag | string | `"0.11.2"` |  |
 | operator.resources | object | `{}` |  |
 | operator.tolerations | list | `[]` |  |
 | rbac.create | bool | `true` |  |
@@ -64,7 +64,7 @@ Submariner enables direct networking between Pods and Services in different Kube
 | submariner.globalCidr | string | `""` |  |
 | submariner.healthcheckEnabled | bool | `true` |  |
 | submariner.images.repository | string | `"quay.io/submariner"` |  |
-| submariner.images.tag | string | `"0.11.1"` |  |
+| submariner.images.tag | string | `"0.11.2"` |  |
 | submariner.natEnabled | bool | `false` |  |
 | submariner.serviceCidr | string | `""` |  |
 | submariner.serviceDiscovery | bool | `true` |  |
diff --git a/submariner-operator/questions.yml b/submariner-operator/questions.yml
index 47ebfcf..50e1ef1 100644
--- a/submariner-operator/questions.yml
+++ b/submariner-operator/questions.yml
@@ -13,7 +13,7 @@ questions:
     type: string
     label: Submariner Operator Image Repository
   - variable: operator.image.tag
-    default: "0.11.1"
+    default: "0.11.2"
     description: "Submariner Operator Image Tag"
     type: string
     label: Submariner Operator Image Tag
@@ -31,7 +31,7 @@ questions:
     type: string
     label: Submariner Repository
   - variable: submariner.images.tag
-    default: "0.11.1"
+    default: "0.11.2"
     description: "Submariner Images Tag (shared for all non-operator images)"
     type: string
     label: Submariner Images Tag
diff --git a/submariner-operator/values.yaml b/submariner-operator/values.yaml
index 36a011a..215a446 100644
--- a/submariner-operator/values.yaml
+++ b/submariner-operator/values.yaml
@@ -14,7 +14,7 @@ submariner:
   coreDNSCustomConfig: {}
   images:
     repository: quay.io/submariner
-    tag: "0.11.1"
+    tag: "0.11.2"
 broker:
   server: example.k8s.apiserver
   token: test
@@ -37,7 +37,7 @@ leadership:
 operator:
   image:
     repository: quay.io/submariner/submariner-operator
-    tag: "0.11.1"
+    tag: "0.11.2"
     pullPolicy: IfNotPresent
   resources: {}
   tolerations: []
@@ -45,7 +45,7 @@ operator:
 gateway:
   image:
     repository: quay.io/submariner/submariner-gateway
-    tag: "0.11.1"
+    tag: "0.11.2"
 serviceAccounts:
   operator:
     create: true