diff --git a/charts/nr-k8s-otel-collector/Chart.yaml b/charts/nr-k8s-otel-collector/Chart.yaml
index 0dbeb3a15..badd82248 100644
--- a/charts/nr-k8s-otel-collector/Chart.yaml
+++ b/charts/nr-k8s-otel-collector/Chart.yaml
@@ -17,7 +17,7 @@ type: application
 # This is the chart version. This version number should be incremented each time you make changes
 # to the chart and its templates, including the app version.
 # Versions are expected to follow Semantic Versioning (https://semver.org/)
-version: 0.8.0
+version: 0.9.0
 
 dependencies:
   - name: common-library
@@ -32,7 +32,7 @@ dependencies:
 # 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: "0.8.0"
+appVersion: "0.9.0"
 
 maintainers:
   - name: csongnr
diff --git a/charts/nr-k8s-otel-collector/values.yaml b/charts/nr-k8s-otel-collector/values.yaml
index 144f263ec..12e4c192c 100644
--- a/charts/nr-k8s-otel-collector/values.yaml
+++ b/charts/nr-k8s-otel-collector/values.yaml
@@ -17,7 +17,7 @@ image:
   # -- The pull policy is defaulted to IfNotPresent, which skips pulling an image if it already exists. If pullPolicy is defined without a specific value, it is also set to Always.
   pullPolicy: IfNotPresent
   # --  Overrides the image tag whose default is the chart appVersion.
-  tag: "0.8.3"
+  tag: "0.8.5"
 
 # -- Name of the Kubernetes cluster monitored. Mandatory. Can be configured also with `global.cluster`
 cluster: ""