diff --git a/Makefile b/Makefile
index 051b4ee6..b3cb90f0 100644
--- a/Makefile
+++ b/Makefile
@@ -3,7 +3,7 @@
 # To re-generate a bundle for another specific version without changing the standard setup, you can:
 # - use the VERSION as arg of the bundle target (e.g make bundle VERSION=0.0.2)
 # - use environment variables to overwrite this value (e.g export VERSION=0.0.2)
-VERSION ?= 0.20.1
+VERSION ?= 0.20.2
 
 # CHANNELS define the bundle channels used in the bundle.
 # Add a new line here if you would like to change its default config. (E.g CHANNELS = "candidate,fast,stable")
diff --git a/bundle/manifests/saas-operator.clusterserviceversion.yaml b/bundle/manifests/saas-operator.clusterserviceversion.yaml
index 949db9b7..e7b93bd6 100644
--- a/bundle/manifests/saas-operator.clusterserviceversion.yaml
+++ b/bundle/manifests/saas-operator.clusterserviceversion.yaml
@@ -657,7 +657,7 @@ metadata:
     capabilities: Basic Install
     categories: Integration & Delivery
     containerImage: quay.io/3scale/saas-operator
-    createdAt: "2023-10-25T15:22:33Z"
+    createdAt: "2023-11-16T11:11:43Z"
     description: |-
       The 3scale SaaS Operator creates and maintains a SaaS-ready deployment
       of the Red Hat 3scale API Management on OpenShift.
@@ -665,7 +665,7 @@ metadata:
     operators.operatorframework.io/project_layout: go.kubebuilder.io/v3
     repository: https://github.com/3scale/saas-operator
     support: Red Hat
-  name: saas-operator.v0.20.1
+  name: saas-operator.v0.20.2
   namespace: placeholder
 spec:
   apiservicedefinitions: {}
@@ -4540,7 +4540,7 @@ spec:
                   valueFrom:
                     fieldRef:
                       fieldPath: metadata.annotations['olm.targetNamespaces']
-                image: quay.io/3scale/saas-operator:v0.20.1
+                image: quay.io/3scale/saas-operator:v0.20.2
                 livenessProbe:
                   httpGet:
                     path: /healthz
@@ -5104,4 +5104,4 @@ spec:
   provider:
     name: Red Hat
     url: https://www.3scale.net/
-  version: 0.20.1
+  version: 0.20.2
diff --git a/config/manager/kustomization.yaml b/config/manager/kustomization.yaml
index 1d14b242..6267b349 100644
--- a/config/manager/kustomization.yaml
+++ b/config/manager/kustomization.yaml
@@ -13,4 +13,4 @@ kind: Kustomization
 images:
 - name: controller
   newName: quay.io/3scale/saas-operator
-  newTag: v0.20.1
+  newTag: v0.20.2
diff --git a/pkg/redis/events/watcher.go b/pkg/redis/events/watcher.go
index daa2b3ae..12ec6c43 100644
--- a/pkg/redis/events/watcher.go
+++ b/pkg/redis/events/watcher.go
@@ -21,7 +21,7 @@ var (
 			Namespace: "saas_redis_sentinel",
 			Help:      "+switch-master (https://redis.io/topics/sentinel#sentinel-api)",
 		},
-		[]string{"sentinel", "shard", "redis_server"},
+		[]string{"sentinel", "shard"},
 	)
 
 	failoverAbortNoGoodSlaveCount = prometheus.NewCounterVec(
@@ -194,7 +194,6 @@ func (sew *SentinelEventWatcher) metricsFromEvent(rem RedisEventMessage) {
 		switchMasterCount.With(
 			prometheus.Labels{
 				"sentinel": sew.sentinelURI, "shard": rem.master.name,
-				"redis_server": fmt.Sprintf("%s:%s", rem.master.ip, rem.master.port),
 			},
 		).Add(1)
 	case "-failover-abort-no-good-slave":
@@ -254,7 +253,6 @@ func (sew *SentinelEventWatcher) initCounters() {
 				switchMasterCount.With(
 					prometheus.Labels{
 						"sentinel": sew.sentinelURI, "shard": shard.Name,
-						"redis_server": server.ID(),
 					},
 				).Add(0)
 				sdownSentinelCount.With(
diff --git a/pkg/version/version.go b/pkg/version/version.go
index 62f767c0..ab4d9d96 100644
--- a/pkg/version/version.go
+++ b/pkg/version/version.go
@@ -1,7 +1,7 @@
 package version
 
 const (
-	version string = "v0.20.1"
+	version string = "v0.20.2"
 )
 
 // Current returns the current marin3r operator version