diff --git a/charts/tfy-karpenter/Chart.lock b/charts/tfy-karpenter/Chart.lock
deleted file mode 100644
index ee855e2f8..000000000
--- a/charts/tfy-karpenter/Chart.lock
+++ /dev/null
@@ -1,6 +0,0 @@
-dependencies:
-- name: karpenter
-  repository: oci://public.ecr.aws/karpenter
-  version: 0.35.4
-digest: sha256:af3188b68e54f956241d5ea60d1734fc62104820be7d9e0e660796bab75ddae4
-generated: "2024-04-04T11:17:57.369142+05:30"
diff --git a/charts/tfy-karpenter/Chart.yaml b/charts/tfy-karpenter/Chart.yaml
index 4aa10094f..c06c40025 100644
--- a/charts/tfy-karpenter/Chart.yaml
+++ b/charts/tfy-karpenter/Chart.yaml
@@ -2,14 +2,14 @@ apiVersion: v2
 name: tfy-karpenter
 description: Truefoundry karpenter provisioner
 type: application
-version: 0.3.1
+version: 0.3.2
 # upstream karpenter version
-appVersion: "0.35.4"
+appVersion: "0.35.11"
 maintainers:
 - name: truefoundry
 
 # Upstream karpenter dependecy
 dependencies:
 - name: karpenter
-  version: "0.35.4"
+  version: "0.35.11"
   repository: "oci://public.ecr.aws/karpenter"
diff --git a/charts/tfy-karpenter/charts/karpenter-0.37.6.tgz b/charts/tfy-karpenter/charts/karpenter-0.37.6.tgz
deleted file mode 100644
index f70a48759..000000000
Binary files a/charts/tfy-karpenter/charts/karpenter-0.37.6.tgz and /dev/null differ