diff --git a/go.mod b/go.mod
index 6d225c2cae772efa7154d5439872aceddf0f241a..0d918ab3ab9fd4826fe85b6da36cfcf5df7e3af0 100644
--- a/go.mod
+++ b/go.mod
@@ -16,7 +16,7 @@ require (
 	github.com/fluxcd/pkg/ssh v0.0.5
 	github.com/fluxcd/pkg/untar v0.0.5
 	github.com/fluxcd/pkg/version v0.0.1
-	github.com/fluxcd/source-controller/api v0.12.0
+	github.com/fluxcd/source-controller/api v0.12.1
 	github.com/go-git/go-git/v5 v5.1.0
 	github.com/google/go-containerregistry v0.2.0
 	github.com/manifoldco/promptui v0.7.0
diff --git a/go.sum b/go.sum
index 9385968ca746bdcbb4df819f6fb0c956d0f55aea..a9a0fc2e84563a29b171ec4549bf7c235a73e8ac 100644
--- a/go.sum
+++ b/go.sum
@@ -212,8 +212,9 @@ github.com/fluxcd/pkg/untar v0.0.5 h1:UGI3Ch1UIEIaqQvMicmImL1s9npQa64DJ/ozqHKB7g
 github.com/fluxcd/pkg/untar v0.0.5/go.mod h1:O6V9+rtl8c1mHBafgqFlJN6zkF1HS5SSYn7RpQJ/nfw=
 github.com/fluxcd/pkg/version v0.0.1 h1:/8asQoDXSThz3csiwi4Qo8Zb6blAxLXbtxNgeMJ9bCg=
 github.com/fluxcd/pkg/version v0.0.1/go.mod h1:WAF4FEEA9xyhngF8TDxg3UPu5fA1qhEYV8Pmi2Il01Q=
-github.com/fluxcd/source-controller/api v0.12.0 h1:ATzWCIXE96Q1iOHElzM0V4xCVEn95QLKpOSmVLiY/lo=
 github.com/fluxcd/source-controller/api v0.12.0/go.mod h1:+EPyhxC7Y+hUnq7EwAkkLtfbwCxJxF5yfmiyzDk43KY=
+github.com/fluxcd/source-controller/api v0.12.1 h1:ubO3gwGaxnXwayJeDHpdsh96NXwOLpFcbLjZo/pqWCg=
+github.com/fluxcd/source-controller/api v0.12.1/go.mod h1:+EPyhxC7Y+hUnq7EwAkkLtfbwCxJxF5yfmiyzDk43KY=
 github.com/flynn/go-shlex v0.0.0-20150515145356-3f9db97f8568/go.mod h1:xEzjJPgXI435gkrCt3MPfRiAkVrwSbHsst4LCFVfpJc=
 github.com/form3tech-oss/jwt-go v3.2.2+incompatible h1:TcekIExNqud5crz4xD2pavyTgWiPvpYe4Xau31I0PRk=
 github.com/form3tech-oss/jwt-go v3.2.2+incompatible/go.mod h1:pbq4aXjuKjdthFRnoDwaVPLA+WlJuPGy+QneDUgJi2k=
diff --git a/manifests/bases/source-controller/kustomization.yaml b/manifests/bases/source-controller/kustomization.yaml
index 282bf40587b0502e7b7638ee2f7099be205dc295..09bff7cde85cbe1f4aacd8db24bdf0c6c31e238c 100644
--- a/manifests/bases/source-controller/kustomization.yaml
+++ b/manifests/bases/source-controller/kustomization.yaml
@@ -1,8 +1,8 @@
 apiVersion: kustomize.config.k8s.io/v1beta1
 kind: Kustomization
 resources:
-- https://github.com/fluxcd/source-controller/releases/download/v0.12.0/source-controller.crds.yaml
-- https://github.com/fluxcd/source-controller/releases/download/v0.12.0/source-controller.deployment.yaml
+- https://github.com/fluxcd/source-controller/releases/download/v0.12.1/source-controller.crds.yaml
+- https://github.com/fluxcd/source-controller/releases/download/v0.12.1/source-controller.deployment.yaml
 - account.yaml
 patchesJson6902:
 - target:
diff --git a/manifests/crds/kustomization.yaml b/manifests/crds/kustomization.yaml
index e36c7caa0c259b0aa881423d3b1fed4b83f9109b..470d103832b0ae59fad8008d3ff597f3bad0257d 100644
--- a/manifests/crds/kustomization.yaml
+++ b/manifests/crds/kustomization.yaml
@@ -1,7 +1,7 @@
 apiVersion: kustomize.config.k8s.io/v1beta1
 kind: Kustomization
 resources:
-- https://github.com/fluxcd/source-controller/releases/download/v0.12.0/source-controller.crds.yaml
+- https://github.com/fluxcd/source-controller/releases/download/v0.12.1/source-controller.crds.yaml
 - https://github.com/fluxcd/kustomize-controller/releases/download/v0.11.1/kustomize-controller.crds.yaml
 - https://github.com/fluxcd/helm-controller/releases/download/v0.10.0/helm-controller.crds.yaml
 - https://github.com/fluxcd/notification-controller/releases/download/v0.13.0/notification-controller.crds.yaml