diff --git a/.release-please-manifest.json b/.release-please-manifest.json
index 498f9333dd..f466287b8c 100644
--- a/.release-please-manifest.json
+++ b/.release-please-manifest.json
@@ -3,7 +3,7 @@
   "keptn-cert-manager": "2.2.1",
   "runtimes/python-runtime": "1.0.6",
   "runtimes/deno-runtime": "2.0.5",
-  "lifecycle-operator": "1.1.1",
+  "lifecycle-operator": "1.1.2",
   "scheduler": "1.0.1",
   "metrics-operator": "1.1.0"
 }
diff --git a/lifecycle-operator/CHANGELOG.md b/lifecycle-operator/CHANGELOG.md
index cc68a48505..d48cdcd9bf 100644
--- a/lifecycle-operator/CHANGELOG.md
+++ b/lifecycle-operator/CHANGELOG.md
@@ -1,5 +1,17 @@
 # Changelog
 
+## [1.1.2](https://github.com/keptn/lifecycle-toolkit/compare/lifecycle-operator-v1.1.1...lifecycle-operator-v1.1.2) (2024-09-05)
+
+
+### Other
+
+* update helm chart versions ([#3713](https://github.com/keptn/lifecycle-toolkit/issues/3713)) ([e052c92](https://github.com/keptn/lifecycle-toolkit/commit/e052c927cdb83215dfc2724e259f8fd72988a0a2))
+
+
+### Dependency Updates
+
+* update golang docker tag to v1.23.0 ([#3702](https://github.com/keptn/lifecycle-toolkit/issues/3702)) ([a4d7328](https://github.com/keptn/lifecycle-toolkit/commit/a4d73287d793bdd4681d5e8ba9fe56d185705b80))
+
 ## [1.1.1](https://github.com/keptn/lifecycle-toolkit/compare/lifecycle-operator-v1.1.0...lifecycle-operator-v1.1.1) (2024-08-27)
 
 
diff --git a/lifecycle-operator/Makefile b/lifecycle-operator/Makefile
index f41f4a8850..31364c42c1 100644
--- a/lifecycle-operator/Makefile
+++ b/lifecycle-operator/Makefile
@@ -7,7 +7,7 @@ RELEASE_REGISTRY?=ghcr.io/keptn
 RELEASE_TIME=$(shell date +%Y%m%d%s)
 BUILD_TIME=$(shell date -u "+%F_%T")
 RELEASE_VERSION?=$(RELEASE_TIME)-v0.24.3#$(shell git describe --tags --match "v*")
-TAG?="v1.1.1" # x-release-please-version
+TAG?="v1.1.2" # x-release-please-version
 RELEASE_IMAGE:=lifecycle-operator:$(TAG)
 CHART_APPVERSION?=""
 
@@ -27,7 +27,7 @@ ENVTEST_K8S_VERSION=1.27.1
 # renovate: datasource=github-tags depName=kubernetes-sigs/kustomize
 KUSTOMIZE_VERSION?=v5.4.3
 # renovate: datasource=github-releases depName=kubernetes-sigs/controller-tools
-CONTROLLER_TOOLS_VERSION?=v0.16.2
+CONTROLLER_TOOLS_VERSION?=v0.15.0
 
 # Get the currently used golang install path (in GOPATH/bin, unless GOBIN is set)
 ifeq (,$(shell go env GOBIN))
diff --git a/lifecycle-operator/chart/Chart.yaml b/lifecycle-operator/chart/Chart.yaml
index 4ac8762e6e..7299393068 100644
--- a/lifecycle-operator/chart/Chart.yaml
+++ b/lifecycle-operator/chart/Chart.yaml
@@ -28,8 +28,8 @@ annotations:
   artifacthub.io/operatorCapabilities: Full Lifecycle
 kubeVersion: '>= 1.24.0-0'
 type: application
-version: 0.4.1
-appVersion: v1.1.1 # x-release-please-version
+version: 1.1.2
+appVersion: v1.1.1
 dependencies:
   - name: common
     repository: https://charts.lifecycle.keptn.sh
diff --git a/lifecycle-operator/chart/values.yaml b/lifecycle-operator/chart/values.yaml
index 075ee0d446..197a620eb7 100644
--- a/lifecycle-operator/chart/values.yaml
+++ b/lifecycle-operator/chart/values.yaml
@@ -109,7 +109,7 @@ lifecycleOperator:
 ## @param   lifecycleOperator.image.repository specify registry for manager image
     repository: keptn/lifecycle-operator
 ## @param   lifecycleOperator.image.tag  select tag for manager image
-    tag: v1.1.1 # x-release-please-version
+    tag: v1.1.2 # x-release-please-version
 ## @param   lifecycleOperator.image.imagePullPolicy specify pull policy for the manager image. This overrides global values
     imagePullPolicy: ""
 ## @extra  lifecycleOperator.livenessProbe custom liveness probe for manager container