diff --git a/charts/opentelemetry-operator/Chart.yaml b/charts/opentelemetry-operator/Chart.yaml
index 2a7752125..a660fc188 100644
--- a/charts/opentelemetry-operator/Chart.yaml
+++ b/charts/opentelemetry-operator/Chart.yaml
@@ -1,6 +1,6 @@
 apiVersion: v2
 name: opentelemetry-operator
-version: 0.51.2
+version: 0.51.3
 description: OpenTelemetry Operator Helm chart for Kubernetes
 type: application
 home: https://opentelemetry.io/
diff --git a/charts/opentelemetry-operator/examples/default/rendered/admission-webhooks/operator-webhook-with-cert-manager.yaml b/charts/opentelemetry-operator/examples/default/rendered/admission-webhooks/operator-webhook-with-cert-manager.yaml
index 34996741e..13a615205 100644
--- a/charts/opentelemetry-operator/examples/default/rendered/admission-webhooks/operator-webhook-with-cert-manager.yaml
+++ b/charts/opentelemetry-operator/examples/default/rendered/admission-webhooks/operator-webhook-with-cert-manager.yaml
@@ -6,7 +6,7 @@ metadata:
   annotations:
     cert-manager.io/inject-ca-from: default/example-opentelemetry-operator-serving-cert
   labels:
-    helm.sh/chart: opentelemetry-operator-0.51.2
+    helm.sh/chart: opentelemetry-operator-0.51.3
     app.kubernetes.io/name: opentelemetry-operator
     app.kubernetes.io/version: "0.96.0"
     app.kubernetes.io/managed-by: Helm
@@ -90,7 +90,7 @@ metadata:
   annotations:
     cert-manager.io/inject-ca-from: default/example-opentelemetry-operator-serving-cert
   labels:
-    helm.sh/chart: opentelemetry-operator-0.51.2
+    helm.sh/chart: opentelemetry-operator-0.51.3
     app.kubernetes.io/name: opentelemetry-operator
     app.kubernetes.io/version: "0.96.0"
     app.kubernetes.io/managed-by: Helm
diff --git a/charts/opentelemetry-operator/examples/default/rendered/certmanager.yaml b/charts/opentelemetry-operator/examples/default/rendered/certmanager.yaml
index debb9511b..c30dc3aa5 100644
--- a/charts/opentelemetry-operator/examples/default/rendered/certmanager.yaml
+++ b/charts/opentelemetry-operator/examples/default/rendered/certmanager.yaml
@@ -4,7 +4,7 @@ apiVersion: cert-manager.io/v1
 kind: Certificate
 metadata:
   labels:
-    helm.sh/chart: opentelemetry-operator-0.51.2
+    helm.sh/chart: opentelemetry-operator-0.51.3
     app.kubernetes.io/name: opentelemetry-operator
     app.kubernetes.io/version: "0.96.0"
     app.kubernetes.io/managed-by: Helm
@@ -29,7 +29,7 @@ apiVersion: cert-manager.io/v1
 kind: Issuer
 metadata:
   labels:
-    helm.sh/chart: opentelemetry-operator-0.51.2
+    helm.sh/chart: opentelemetry-operator-0.51.3
     app.kubernetes.io/name: opentelemetry-operator
     app.kubernetes.io/version: "0.96.0"
     app.kubernetes.io/managed-by: Helm
diff --git a/charts/opentelemetry-operator/examples/default/rendered/clusterrole.yaml b/charts/opentelemetry-operator/examples/default/rendered/clusterrole.yaml
index 0bf1e587c..5cea476df 100644
--- a/charts/opentelemetry-operator/examples/default/rendered/clusterrole.yaml
+++ b/charts/opentelemetry-operator/examples/default/rendered/clusterrole.yaml
@@ -4,7 +4,7 @@ apiVersion: rbac.authorization.k8s.io/v1
 kind: ClusterRole
 metadata:
   labels:
-    helm.sh/chart: opentelemetry-operator-0.51.2
+    helm.sh/chart: opentelemetry-operator-0.51.3
     app.kubernetes.io/name: opentelemetry-operator
     app.kubernetes.io/version: "0.96.0"
     app.kubernetes.io/managed-by: Helm
@@ -213,7 +213,7 @@ apiVersion: rbac.authorization.k8s.io/v1
 kind: ClusterRole
 metadata:
   labels:
-    helm.sh/chart: opentelemetry-operator-0.51.2
+    helm.sh/chart: opentelemetry-operator-0.51.3
     app.kubernetes.io/name: opentelemetry-operator
     app.kubernetes.io/version: "0.96.0"
     app.kubernetes.io/managed-by: Helm
@@ -231,7 +231,7 @@ apiVersion: rbac.authorization.k8s.io/v1
 kind: ClusterRole
 metadata:
   labels:
-    helm.sh/chart: opentelemetry-operator-0.51.2
+    helm.sh/chart: opentelemetry-operator-0.51.3
     app.kubernetes.io/name: opentelemetry-operator
     app.kubernetes.io/version: "0.96.0"
     app.kubernetes.io/managed-by: Helm
diff --git a/charts/opentelemetry-operator/examples/default/rendered/clusterrolebinding.yaml b/charts/opentelemetry-operator/examples/default/rendered/clusterrolebinding.yaml
index 53c7f76e8..1a8de0539 100644
--- a/charts/opentelemetry-operator/examples/default/rendered/clusterrolebinding.yaml
+++ b/charts/opentelemetry-operator/examples/default/rendered/clusterrolebinding.yaml
@@ -4,7 +4,7 @@ apiVersion: rbac.authorization.k8s.io/v1
 kind: ClusterRoleBinding
 metadata:
   labels:
-    helm.sh/chart: opentelemetry-operator-0.51.2
+    helm.sh/chart: opentelemetry-operator-0.51.3
     app.kubernetes.io/name: opentelemetry-operator
     app.kubernetes.io/version: "0.96.0"
     app.kubernetes.io/managed-by: Helm
@@ -25,7 +25,7 @@ apiVersion: rbac.authorization.k8s.io/v1
 kind: ClusterRoleBinding
 metadata:
   labels:
-    helm.sh/chart: opentelemetry-operator-0.51.2
+    helm.sh/chart: opentelemetry-operator-0.51.3
     app.kubernetes.io/name: opentelemetry-operator
     app.kubernetes.io/version: "0.96.0"
     app.kubernetes.io/managed-by: Helm
diff --git a/charts/opentelemetry-operator/examples/default/rendered/deployment.yaml b/charts/opentelemetry-operator/examples/default/rendered/deployment.yaml
index e92896680..db108bca2 100644
--- a/charts/opentelemetry-operator/examples/default/rendered/deployment.yaml
+++ b/charts/opentelemetry-operator/examples/default/rendered/deployment.yaml
@@ -4,7 +4,7 @@ apiVersion: apps/v1
 kind: Deployment
 metadata:
   labels:
-    helm.sh/chart: opentelemetry-operator-0.51.2
+    helm.sh/chart: opentelemetry-operator-0.51.3
     app.kubernetes.io/name: opentelemetry-operator
     app.kubernetes.io/version: "0.96.0"
     app.kubernetes.io/managed-by: Helm
@@ -33,7 +33,7 @@ spec:
             - --enable-leader-election
             - --health-probe-addr=:8081
             - --webhook-port=9443
-            - --collector-image=otel/opentelemetry-collector-contrib:0.95.0
+            - --collector-image=otel/opentelemetry-collector-contrib:0.96.0
           command:
             - /manager
           env:
diff --git a/charts/opentelemetry-operator/examples/default/rendered/role.yaml b/charts/opentelemetry-operator/examples/default/rendered/role.yaml
index 66cd149f9..68c1c1114 100644
--- a/charts/opentelemetry-operator/examples/default/rendered/role.yaml
+++ b/charts/opentelemetry-operator/examples/default/rendered/role.yaml
@@ -4,7 +4,7 @@ apiVersion: rbac.authorization.k8s.io/v1
 kind: Role
 metadata:
   labels:
-    helm.sh/chart: opentelemetry-operator-0.51.2
+    helm.sh/chart: opentelemetry-operator-0.51.3
     app.kubernetes.io/name: opentelemetry-operator
     app.kubernetes.io/version: "0.96.0"
     app.kubernetes.io/managed-by: Helm
diff --git a/charts/opentelemetry-operator/examples/default/rendered/rolebinding.yaml b/charts/opentelemetry-operator/examples/default/rendered/rolebinding.yaml
index 4daaeae43..bf6f20dbe 100644
--- a/charts/opentelemetry-operator/examples/default/rendered/rolebinding.yaml
+++ b/charts/opentelemetry-operator/examples/default/rendered/rolebinding.yaml
@@ -4,7 +4,7 @@ apiVersion: rbac.authorization.k8s.io/v1
 kind: RoleBinding
 metadata:
   labels:
-    helm.sh/chart: opentelemetry-operator-0.51.2
+    helm.sh/chart: opentelemetry-operator-0.51.3
     app.kubernetes.io/name: opentelemetry-operator
     app.kubernetes.io/version: "0.96.0"
     app.kubernetes.io/managed-by: Helm
diff --git a/charts/opentelemetry-operator/examples/default/rendered/service.yaml b/charts/opentelemetry-operator/examples/default/rendered/service.yaml
index ee9c07d13..d0cbd9aa8 100644
--- a/charts/opentelemetry-operator/examples/default/rendered/service.yaml
+++ b/charts/opentelemetry-operator/examples/default/rendered/service.yaml
@@ -4,7 +4,7 @@ apiVersion: v1
 kind: Service
 metadata:
   labels:
-    helm.sh/chart: opentelemetry-operator-0.51.2
+    helm.sh/chart: opentelemetry-operator-0.51.3
     app.kubernetes.io/name: opentelemetry-operator
     app.kubernetes.io/version: "0.96.0"
     app.kubernetes.io/managed-by: Helm
@@ -31,7 +31,7 @@ apiVersion: v1
 kind: Service
 metadata:
   labels:
-    helm.sh/chart: opentelemetry-operator-0.51.2
+    helm.sh/chart: opentelemetry-operator-0.51.3
     app.kubernetes.io/name: opentelemetry-operator
     app.kubernetes.io/version: "0.96.0"
     app.kubernetes.io/managed-by: Helm
diff --git a/charts/opentelemetry-operator/examples/default/rendered/serviceaccount.yaml b/charts/opentelemetry-operator/examples/default/rendered/serviceaccount.yaml
index d00f548ad..43c2effb5 100644
--- a/charts/opentelemetry-operator/examples/default/rendered/serviceaccount.yaml
+++ b/charts/opentelemetry-operator/examples/default/rendered/serviceaccount.yaml
@@ -6,7 +6,7 @@ metadata:
   name: opentelemetry-operator
   namespace: default
   labels:
-    helm.sh/chart: opentelemetry-operator-0.51.2
+    helm.sh/chart: opentelemetry-operator-0.51.3
     app.kubernetes.io/name: opentelemetry-operator
     app.kubernetes.io/version: "0.96.0"
     app.kubernetes.io/managed-by: Helm
diff --git a/charts/opentelemetry-operator/examples/default/rendered/tests/test-certmanager-connection.yaml b/charts/opentelemetry-operator/examples/default/rendered/tests/test-certmanager-connection.yaml
index 3b0bbc120..91bc016e8 100644
--- a/charts/opentelemetry-operator/examples/default/rendered/tests/test-certmanager-connection.yaml
+++ b/charts/opentelemetry-operator/examples/default/rendered/tests/test-certmanager-connection.yaml
@@ -6,7 +6,7 @@ metadata:
   name: "example-opentelemetry-operator-cert-manager"
   namespace: default
   labels:
-    helm.sh/chart: opentelemetry-operator-0.51.2
+    helm.sh/chart: opentelemetry-operator-0.51.3
     app.kubernetes.io/name: opentelemetry-operator
     app.kubernetes.io/version: "0.96.0"
     app.kubernetes.io/managed-by: Helm
diff --git a/charts/opentelemetry-operator/examples/default/rendered/tests/test-service-connection.yaml b/charts/opentelemetry-operator/examples/default/rendered/tests/test-service-connection.yaml
index 8c120b296..38739d970 100644
--- a/charts/opentelemetry-operator/examples/default/rendered/tests/test-service-connection.yaml
+++ b/charts/opentelemetry-operator/examples/default/rendered/tests/test-service-connection.yaml
@@ -6,7 +6,7 @@ metadata:
   name: "example-opentelemetry-operator-metrics"
   namespace: default
   labels:
-    helm.sh/chart: opentelemetry-operator-0.51.2
+    helm.sh/chart: opentelemetry-operator-0.51.3
     app.kubernetes.io/name: opentelemetry-operator
     app.kubernetes.io/version: "0.96.0"
     app.kubernetes.io/managed-by: Helm
@@ -43,7 +43,7 @@ metadata:
   name: "example-opentelemetry-operator-webhook"
   namespace: default
   labels:
-    helm.sh/chart: opentelemetry-operator-0.51.2
+    helm.sh/chart: opentelemetry-operator-0.51.3
     app.kubernetes.io/name: opentelemetry-operator
     app.kubernetes.io/version: "0.96.0"
     app.kubernetes.io/managed-by: Helm
diff --git a/charts/opentelemetry-operator/values.yaml b/charts/opentelemetry-operator/values.yaml
index ff84c1130..e28517ca3 100644
--- a/charts/opentelemetry-operator/values.yaml
+++ b/charts/opentelemetry-operator/values.yaml
@@ -32,7 +32,7 @@ manager:
     tag: ""
   collectorImage:
     repository: otel/opentelemetry-collector-contrib
-    tag: 0.95.0
+    tag: 0.96.0
   opampBridgeImage:
     repository: ""
     tag: ""