diff --git a/charts/splunk-connect-for-syslog/Chart.yaml b/charts/splunk-connect-for-syslog/Chart.yaml
index 19ca453caf..720aae1da8 100644
--- a/charts/splunk-connect-for-syslog/Chart.yaml
+++ b/charts/splunk-connect-for-syslog/Chart.yaml
@@ -2,5 +2,5 @@ apiVersion: v2
 name: splunk-connect-for-syslog
 description: Deploy Splunk Connect for Syslog
 type: application
-version: 2.49.7
-appVersion: "2.49.7"
+version: 2.49.8
+appVersion: "2.49.8"
diff --git a/package/etc/VERSION b/package/etc/VERSION
index 5387d2d43c..765547fa42 100644
--- a/package/etc/VERSION
+++ b/package/etc/VERSION
@@ -1 +1 @@
-2.49.7
+2.49.8
diff --git a/pyproject.toml b/pyproject.toml
index 144b808e3d..329cecd389 100644
--- a/pyproject.toml
+++ b/pyproject.toml
@@ -1,6 +1,6 @@
 [tool.poetry]
 name = "splunk-connect-for-syslog"
-version = "2.49.7"
+version = "2.49.8"
 description = ""
 authors = ["rfaircloth-splunk <rfaircloth@splunk.com>"]
 license = "Apache-2.0"