diff --git a/CHANGELOG.md b/CHANGELOG.md
index 2414ddfcb..1a5586d1b 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -2,6 +2,21 @@
 
 All notable changes to this project are documented in this file.
 
+## 1.1.2
+
+**Release date:** 2023-10-11
+
+This patch release fixes a bug where OCIRepository objects can't be consumed
+when the OCI image layer contains symlinks.
+
+Fixes:
+- oci: Skip symlinks found in upstream artifacts
+  [#1246](https://github.com/fluxcd/source-controller/pull/1246/)
+
+Improvements:
+- build(deps): bump the ci group with 1 update
+  [#1256](https://github.com/fluxcd/source-controller/pull/1256)
+
 ## 1.1.1
 
 **Release date:** 2023-09-18
diff --git a/config/manager/kustomization.yaml b/config/manager/kustomization.yaml
index e779e046c..e0726d67d 100644
--- a/config/manager/kustomization.yaml
+++ b/config/manager/kustomization.yaml
@@ -6,4 +6,4 @@ resources:
 images:
 - name: fluxcd/source-controller
   newName: fluxcd/source-controller
-  newTag: v1.1.1
+  newTag: v1.1.2
diff --git a/go.mod b/go.mod
index 00b357f46..0a2a4707d 100644
--- a/go.mod
+++ b/go.mod
@@ -40,7 +40,7 @@ require (
 	github.com/fluxcd/pkg/tar v0.3.0
 	github.com/fluxcd/pkg/testserver v0.4.0
 	github.com/fluxcd/pkg/version v0.2.2
-	github.com/fluxcd/source-controller/api v1.1.1
+	github.com/fluxcd/source-controller/api v1.1.2
 	github.com/foxcpp/go-mockdns v1.0.0
 	github.com/go-git/go-billy/v5 v5.5.0
 	github.com/go-git/go-git/v5 v5.9.0