diff --git a/charts/gitea/Chart.yaml b/charts/gitea/Chart.yaml
index 47a65778a990399e4b03d4cc13d86d79bf58db43..402e72c66ad989c8ee08ba30bf770b3b196b21d3 100644
--- a/charts/gitea/Chart.yaml
+++ b/charts/gitea/Chart.yaml
@@ -8,10 +8,10 @@ maintainers:
   - name: groundhog2k
 
 # This is the chart version
-version: 0.5.0
+version: 0.5.1
 
 # This is the version number of the application being deployed.
-appVersion: "1.16.0"
+appVersion: "1.16.1"
 
 dependencies:
   - name: mariadb
diff --git a/charts/gitea/README.md b/charts/gitea/README.md
index ca9ea0ef591df14f335782096eeb297600bd228d..a34c8cbf102487038bed944876ace03ac1a77bff 100644
--- a/charts/gitea/README.md
+++ b/charts/gitea/README.md
@@ -1,6 +1,6 @@
 # Gitea
 
-![Version: 0.5.0](https://img.shields.io/badge/Version-0.5.0-informational?style=flat-square) ![Type: application](https://img.shields.io/badge/Type-application-informational?style=flat-square) ![AppVersion: 1.16.0](https://img.shields.io/badge/AppVersion-1.16.0-informational?style=flat-square)
+![Version: 0.5.1](https://img.shields.io/badge/Version-0.5.1-informational?style=flat-square) ![Type: application](https://img.shields.io/badge/Type-application-informational?style=flat-square) ![AppVersion: 1.16.1](https://img.shields.io/badge/AppVersion-1.16.1-informational?style=flat-square)
 
 ## Changelog
 
diff --git a/charts/gitea/RELEASENOTES.md b/charts/gitea/RELEASENOTES.md
index d4cb49a21db1e28d43a61b7b921e920a3fae05e5..75a4abbdf26d8bb48ff1fc7c3401a80528370420 100644
--- a/charts/gitea/RELEASENOTES.md
+++ b/charts/gitea/RELEASENOTES.md
@@ -4,5 +4,6 @@
 | 0.4.15 | 1.15.10 | Fixed ingress API detection<br>Implemented startupProbe support |
 | 0.4.16 | 1.15.10 | Updated chart dependencies |
 | 0.4.17 | 1.15.11 | Updated to Gitea 1.15.11 |
-| 0.5.0 | 1.16.0 | Updated to Gitea 1.15.0 |
+| 0.5.0 | 1.16.0 | Updated to Gitea 1.16.0 |
+| 0.5.1 | 1.16.1 | Updated to Gitea 1.16.1 |
 | | | |