diff --git a/README.md b/README.md
index 8b81ae7..092d84b 100644
--- a/README.md
+++ b/README.md
@@ -1,3 +1,12 @@
+# ⚠️  Repo Archive Notice
+
+As of Feb 14, 2023, this component will no longer be updated, since the upstream resource-locker-operator has been deprecated for a while now.
+See https://github.com/redhat-cop/resource-locker-operator#deprecation-notice for the deprecation notice for Resource Locker Operator.
+
+We provide component `patch-operator` as a drop-in replacement for component `resource-locker`.
+Component `patch-operator` provides a transitional `resource-locker.libjsonnet` component library to facilitate gradually migrating components which create resource patches to use the new `patch-operator.libsonnet` library directly.
+See the [migration how-to](https://hub.syn.tools/patch-operator/how-tos/migrate-from-resource-locker.html) to learn more.
+
 # Commodore Component: Resource Locker Operator
 
 This is a [Commodore][commodore] Component for Resource Locker Operator.
diff --git a/class/defaults.yml b/class/defaults.yml
index 2623a9b..8f11c78 100644
--- a/class/defaults.yml
+++ b/class/defaults.yml
@@ -1,5 +1,8 @@
 parameters:
   resource_locker:
+    =_metadata:
+      deprecated: true
+      replaced_by: patch-operator
     namespace: syn-resource-locker
     charts:
       resource-locker-operator: v1.1.0