diff --git a/Makefile b/Makefile
index e80d7c13..9d5a10b9 100644
--- a/Makefile
+++ b/Makefile
@@ -1,6 +1,6 @@
 #include tests/e2e/Makefile
 
-VERSION ?= 1.3.1
+VERSION ?= 1.3.2
 
 # CHANNELS define the bundle channels used in the bundle.
 # Add a new line here if you would like to change its default config. (E.g CHANNELS = "candidate,fast,stable")
@@ -169,9 +169,8 @@ undeploy: ## Undeploy controller from the K8s cluster specified in ~/.kube/confi
 build-helm-chart: manifests generate fmt vet kustomize ## Deploy controller to the K8s cluster specified in ~/.kube/config.
 	# update the crd
 	$(KUSTOMIZE) build config/crd > chart/templates/uffizziclusters.uffizzi.com_customresourcedefinition.yaml
-	yq e -i '.appVersion = "v${VERSION}"' chart/Chart.yaml
 	sed -i'' -e 's/labels:/labels: {{ include "common.labels.standard" . | nindent 4 }}/' chart/templates/uffizziclusters.uffizzi.com_customresourcedefinition.yaml
-	# copy roles config
+	# update roles
 	cp config/rbac/role.yaml chart/templates/manager-role_clusterrole.yaml
 	sed -i'' -e 's/labels:/labels: {{ include "common.labels.standard" . | nindent 4 }}/' chart/templates/manager-role_clusterrole.yaml
 	sed -i'' -e 's/apiVersion: rbac.authorization.k8s.io\/v1/apiVersion: {{ include "common.capabilities.rbac.apiVersion" . }}/' chart/templates/manager-role_clusterrole.yaml
@@ -181,7 +180,9 @@ build-helm-chart: manifests generate fmt vet kustomize ## Deploy controller to t
 	  labels: {{ include "common.labels.standard" . | nindent 4 }}\
 	    app.kubernetes.io/component: rbac\
 	    app.kubernetes.io/part-of: uffizzi' chart/templates/manager-role_clusterrole.yaml
-
+	# update chart versions
+	yq e -i '.appVersion = "v${VERSION}"' chart/Chart.yaml
+	yq e -i '.image.tag = "v${VERSION}"' chart/values.yaml
 
 ##@ Build Dependencies
 
diff --git a/chart/Chart.yaml b/chart/Chart.yaml
index 56d03840..511ffa05 100644
--- a/chart/Chart.yaml
+++ b/chart/Chart.yaml
@@ -10,7 +10,7 @@ version: 1.3.1
 # incremented each time you make changes to the application. Versions are not expected to
 # follow Semantic Versioning. They should reflect the version the application is using.
 # It is recommended to use it with quotes.
-appVersion: "v1.3.1"
+appVersion: "v1.3.2"
 dependencies:
   - name: common
     repository: https://charts.bitnami.com/bitnami
diff --git a/chart/values.yaml b/chart/values.yaml
index 9e5012e6..504ef423 100644
--- a/chart/values.yaml
+++ b/chart/values.yaml
@@ -4,8 +4,7 @@
 
 image:
   repository: docker.io/uffizzi/uffizzi-cluster-operator
-  tag: v1.3.1
-
+  tag: v1.3.2
 # `flux` dependency values
 flux:
   helmController:
@@ -24,7 +23,6 @@ flux:
     enabled: false
   imageReflectorController:
     enabled: false
-
 #cert-manager: # dependency
 #  enabled: true
 #  installCRDs: true