diff --git a/charts/renovate/Chart.yaml b/charts/renovate/Chart.yaml
index 53f50a80a..6c8c31c8f 100644
--- a/charts/renovate/Chart.yaml
+++ b/charts/renovate/Chart.yaml
@@ -1,8 +1,8 @@
 apiVersion: v2
-appVersion: '38.124.2'
+appVersion: '38.124.3'
 description: Universal dependency update tool that fits into your workflows.
 name: renovate
-version: '38.124.2'
+version: '38.124.3'
 icon: https://docs.renovatebot.com/assets/images/logo.png
 home: https://github.com/renovatebot/renovate
 keywords:
@@ -24,8 +24,8 @@ maintainers:
 annotations:
   artifacthub.io/license: AGPL-3.0-only
   artifacthub.io/images: |
-    - name: ghcr.io/renovatebot/renovate:38.124.2
-      image: ghcr.io/renovatebot/renovate:38.124.2
+    - name: ghcr.io/renovatebot/renovate:38.124.3
+      image: ghcr.io/renovatebot/renovate:38.124.3
       platforms:
         - linux/amd64
         - linux/arm64
diff --git a/charts/renovate/README.md b/charts/renovate/README.md
index c85b51c55..0fee2b833 100644
--- a/charts/renovate/README.md
+++ b/charts/renovate/README.md
@@ -1,6 +1,6 @@
 # renovate
 
-![Version: 38.124.2](https://img.shields.io/badge/Version-38.124.2-informational?style=flat-square) ![AppVersion: 38.124.2](https://img.shields.io/badge/AppVersion-38.124.2-informational?style=flat-square)
+![Version: 38.124.3](https://img.shields.io/badge/Version-38.124.3-informational?style=flat-square) ![AppVersion: 38.124.3](https://img.shields.io/badge/AppVersion-38.124.3-informational?style=flat-square)
 
 Universal dependency update tool that fits into your workflows.
 
@@ -76,7 +76,7 @@ The following table lists the configurable parameters of the chart and the defau
 | image.pullPolicy | string | `"IfNotPresent"` | "IfNotPresent" to pull the image if no image with the specified tag exists on the node, "Always" to always pull the image or "Never" to try and use pre-pulled images |
 | image.registry | string | `"ghcr.io"` | Registry to pull image from |
 | image.repository | string | `"renovatebot/renovate"` | Image name to pull |
-| image.tag | string | `"38.124.2"` | Renovate image tag to pull |
+| image.tag | string | `"38.124.3"` | Renovate image tag to pull |
 | image.useFull | bool | `false` | Set `true` to use the full image. See https://docs.renovatebot.com/getting-started/running/#the-full-image |
 | imagePullSecrets | object | `{}` | Secret to use to pull the image from the repository |
 | nameOverride | string | `""` | Override the name of the chart |
diff --git a/charts/renovate/values.yaml b/charts/renovate/values.yaml
index d59f289be..2cc0e5ad5 100644
--- a/charts/renovate/values.yaml
+++ b/charts/renovate/values.yaml
@@ -77,7 +77,7 @@ image:
   # -- Image name to pull
   repository: renovatebot/renovate
   # -- Renovate image tag to pull
-  tag: 38.124.2
+  tag: 38.124.3
   # -- "IfNotPresent" to pull the image if no image with the specified tag exists on the node, "Always" to always pull the image or "Never" to try and use pre-pulled images
   pullPolicy: IfNotPresent
   # -- Set `true` to use the full image. See https://docs.renovatebot.com/getting-started/running/#the-full-image