diff --git a/apps/velero/release.yaml b/apps/velero/release.yaml
index 130b0ccf..d59337e5 100644
--- a/apps/velero/release.yaml
+++ b/apps/velero/release.yaml
@@ -10,7 +10,7 @@ spec:
   chart:
     spec:
       chart: velero
-      version: 12.0.0
+      version: 12.0.1
       sourceRef:
         kind: HelmRepository
         name: vmware-tanzu