diff --git a/charts/keptn-metrics-operator/Chart.yaml b/charts/keptn-metrics-operator/Chart.yaml
index 508e20d..143d0af 100644
--- a/charts/keptn-metrics-operator/Chart.yaml
+++ b/charts/keptn-metrics-operator/Chart.yaml
@@ -20,10 +20,10 @@ annotations:
       url: https://slack.keptn.sh/
   artifacthub.io/license: Apache-2.0
   artifacthub.io/operator: 'true'
-kubeVersion: '>= 1.24.0-0'
+kubeVersion: '>= 1.27.0-0'
 type: application
-version: 0.3.1
-appVersion: v1.1.1 # x-release-please-version
+version: 0.4.0 # Helm Chart version
+appVersion: v2.0.0 # x-release-please-version
 dependencies:
   - name: common
     repository: https://charts.lifecycle.keptn.sh
diff --git a/charts/keptn-metrics-operator/README.md b/charts/keptn-metrics-operator/README.md
index 936cbf0..18052fc 100644
--- a/charts/keptn-metrics-operator/README.md
+++ b/charts/keptn-metrics-operator/README.md
@@ -79,7 +79,7 @@ Prometheus, Dynatrace, DataDog and K8s metric server...
 | `env.analysisControllerLogLevel`                    | sets the log level of Analysis Controller                               | `0`                      |
 | `image.registry`                                    | specify the container registry for the metrics-operator image           | `""`                     |
 | `image.repository`                                  | specify registry for manager image                                      | `keptn/metrics-operator` |
-| `image.tag`                                         | select tag for manager image                                            | `v1.1.1`                 |
+| `image.tag`                                         | select tag for manager image                                            | `v2.0.0`                 |
 | `image.imagePullPolicy`                             | specify pull policy for the manager image. This overrides global values | `""`                     |
 | `livenessProbe`                                     | custom livenessprobe for manager container                              |                          |
 | `readinessProbe`                                    | custom readinessprobe for manager container                             |                          |
diff --git a/charts/keptn-metrics-operator/values.yaml b/charts/keptn-metrics-operator/values.yaml
index 37be0f8..880aeb0 100644
--- a/charts/keptn-metrics-operator/values.yaml
+++ b/charts/keptn-metrics-operator/values.yaml
@@ -140,7 +140,7 @@ image:
 ## @param   image.repository specify registry for manager image
   repository: keptn/metrics-operator
 ## @param   image.tag select tag for manager image
-  tag: v1.1.1 # x-release-please-version
+  tag: v2.0.0 # x-release-please-version
 ## @param   image.imagePullPolicy specify pull policy for the manager image. This overrides global values
   imagePullPolicy: ""
 ## @extra  livenessProbe custom livenessprobe for manager container