diff --git a/.release-please-manifest.json b/.release-please-manifest.json
index 29f450cc4..af6baa749 100644
--- a/.release-please-manifest.json
+++ b/.release-please-manifest.json
@@ -1,3 +1,3 @@
 {
-  ".": "0.2.33"
+  ".": "0.2.34"
 }
diff --git a/CHANGELOG.md b/CHANGELOG.md
index 3dd378f57..f0f8e5e3d 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,5 +1,12 @@
 # Changelog
 
+## [0.2.34](https://github.com/open-feature/open-feature-operator/compare/v0.2.33...v0.2.34) (2023-04-13)
+
+
+### 🧹 Chore
+
+* **deps:** update open-feature/flagd ([#466](https://github.com/open-feature/open-feature-operator/issues/466)) ([3b8d156](https://github.com/open-feature/open-feature-operator/commit/3b8d1564af5fa2991f3e26a0cb8fbf6ff722a9b1))
+
 ## [0.2.33](https://github.com/open-feature/open-feature-operator/compare/v0.2.32...v0.2.33) (2023-04-12)
 
 
diff --git a/Makefile b/Makefile
index be147f277..b01257e59 100644
--- a/Makefile
+++ b/Makefile
@@ -6,7 +6,7 @@ ARCH?=amd64
 IMG?=$(RELEASE_REGISTRY)/$(RELEASE_IMAGE)
 # customize overlay to be used in the build, DEFAULT or HELM
 KUSTOMIZE_OVERLAY ?= DEFAULT
-CHART_VERSION=v0.2.33# x-release-please-version
+CHART_VERSION=v0.2.34# x-release-please-version
 # ENVTEST_K8S_VERSION refers to the version of kubebuilder assets to be downloaded by envtest binary.
 ENVTEST_K8S_VERSION = 1.26.1
 
diff --git a/chart/open-feature-operator/Chart.yaml b/chart/open-feature-operator/Chart.yaml
index 67661e26b..5a67ea51a 100755
--- a/chart/open-feature-operator/Chart.yaml
+++ b/chart/open-feature-operator/Chart.yaml
@@ -13,12 +13,12 @@ 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.
 # Versions are expected to follow Semantic Versioning (https://semver.org/)
-version: "v0.2.33" # x-release-please-version
+version: "v0.2.34" # x-release-please-version
 # This is the version number of the application being deployed. This version number should be
 # incremented each time you make changes to the application. Versions are not expected to
 # follow Semantic Versioning. They should reflect the version the application is using.
 # It is recommended to use it with quotes.
-appVersion: "v0.2.33" # x-release-please-version
+appVersion: "v0.2.34" # x-release-please-version
 
 home: https://openfeature.dev
 icon: https://open-feature.github.io/open-feature-operator/chart/open-feature-operator/openfeature-logo.png
diff --git a/chart/open-feature-operator/README.md b/chart/open-feature-operator/README.md
index 89cc326a6..79b0ba48d 100644
--- a/chart/open-feature-operator/README.md
+++ b/chart/open-feature-operator/README.md
@@ -114,7 +114,7 @@ The command removes all the Kubernetes components associated with the chart and
 | `controllerManager.kubeRbacProxy.resources.requests.cpu`    | `5m`                                         |                                                                                                                                                                                                                                  |
 | `controllerManager.kubeRbacProxy.resources.requests.memory` | `64Mi`                                       |                                                                                                                                                                                                                                  |
 | `controllerManager.manager.image.repository`                | `ghcr.io/open-feature/open-feature-operator` |                                                                                                                                                                                                                                  |
-| `controllerManager.manager.image.tag`                       | `v0.2.33` <!-- x-release-please-version -->  |                                                                                                                                                                                                                                  |
+| `controllerManager.manager.image.tag`                       | `v0.2.34` <!-- x-release-please-version -->  |                                                                                                                                                                                                                                  |
 | `controllerManager.manager.resources.limits.cpu`            | `500m`                                       |                                                                                                                                                                                                                                  |
 | `controllerManager.manager.resources.limits.memory`         | `128Mi`                                      |                                                                                                                                                                                                                                  |
 | `controllerManager.manager.resources.requests.cpu`          | `10m`                                        |                                                                                                                                                                                                                                  |
diff --git a/chart/open-feature-operator/values.yaml b/chart/open-feature-operator/values.yaml
index 277bfaae2..aba1e7672 100644
--- a/chart/open-feature-operator/values.yaml
+++ b/chart/open-feature-operator/values.yaml
@@ -40,7 +40,7 @@ controllerManager:
   manager:
     image:
       repository: ghcr.io/open-feature/open-feature-operator
-      tag: v0.2.33 # x-release-please-version
+      tag: v0.2.34 # x-release-please-version
     resources:
       limits:
         cpu: 500m
diff --git a/docs/installation.md b/docs/installation.md
index 14aeaf270..d1cb0d25a 100644
--- a/docs/installation.md
+++ b/docs/installation.md
@@ -64,13 +64,13 @@ Apply the release yaml directly via kubectl
 <!-- x-release-please-start-version -->
 ```sh
 kubectl create namespace open-feature-operator-system &&
-kubectl apply -f https://github.com/open-feature/open-feature-operator/releases/download/v0.2.33/release.yaml
+kubectl apply -f https://github.com/open-feature/open-feature-operator/releases/download/v0.2.34/release.yaml
 ```
 <!-- x-release-please-end -->
 ### Uninstall
 <!-- x-release-please-start-version -->
 ```sh
-kubectl delete -f https://github.com/open-feature/open-feature-operator/releases/download/v0.2.33/release.yaml &&
+kubectl delete -f https://github.com/open-feature/open-feature-operator/releases/download/v0.2.34/release.yaml &&
 kubectl delete namespace open-feature-operator-system
 ```
 <!-- x-release-please-end -->