diff --git a/charts/sorcerer/Chart.yaml b/charts/sorcerer/Chart.yaml
index 446645fe..d6a2d777 100644
--- a/charts/sorcerer/Chart.yaml
+++ b/charts/sorcerer/Chart.yaml
@@ -4,7 +4,7 @@ description: A Helm chart for Kubernetes
 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.
-version: v1.11.2
+version: v1.12.0
 # This is the version number of the application being deployed. This version number should be
 # incremented each time you make changes to the application.
-appVersion: v1.11.2
+appVersion: v1.12.0
diff --git a/charts/sorcerer/values.yaml b/charts/sorcerer/values.yaml
index ac722ef2..84728acb 100644
--- a/charts/sorcerer/values.yaml
+++ b/charts/sorcerer/values.yaml
@@ -5,7 +5,7 @@
 replicaCount: 1
 image:
   repository: registry.gitlab.com/oceanbox/poseidon/sorcerer
-  tag: v1.11.2
+  tag: v1.12.0
   pullPolicy: IfNotPresent
 init:
   enabled: false