diff --git a/.release-please-manifest.json b/.release-please-manifest.json
index 9f21bb8d6..831df9881 100644
--- a/.release-please-manifest.json
+++ b/.release-please-manifest.json
@@ -1,4 +1,4 @@
 {
-  ".": "0.8.5",
+  ".": "0.8.6",
   "apis": "0.2.45"
 }
diff --git a/CHANGELOG.md b/CHANGELOG.md
index 9ad883590..c68520977 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,5 +1,17 @@
 # Changelog
 
+## [0.8.6](https://github.com/open-feature/open-feature-operator/compare/v0.8.5...v0.8.6) (2025-03-13)
+
+
+### 🧹 Chore
+
+* **deps:** update helm/kind-action action to v1.12.0 ([#744](https://github.com/open-feature/open-feature-operator/issues/744)) ([3fc56cd](https://github.com/open-feature/open-feature-operator/commit/3fc56cd89d3f220f8131184fbe4e9245f554c680))
+
+
+### 📚 Documentation
+
+* Replace the old events calendar by the OpenFeature community Page link ([#751](https://github.com/open-feature/open-feature-operator/issues/751)) ([c4c0c59](https://github.com/open-feature/open-feature-operator/commit/c4c0c59f7f522c8c2f4d3f7fed57dd1cda4e92bb))
+
 ## [0.8.5](https://github.com/open-feature/open-feature-operator/compare/v0.8.4...v0.8.5) (2025-01-31)
 
 
diff --git a/Makefile b/Makefile
index 3b203f393..6882f1b5a 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=v0.8.5# x-release-please-version
+CHART_VERSION=v0.8.6# 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
 WAIT_TIMEOUT_SECONDS?=60
diff --git a/chart/open-feature-operator/Chart.yaml b/chart/open-feature-operator/Chart.yaml
index d03903a38..0cadd7a72 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: "v0.8.5" # x-release-please-version
+version: "v0.8.6" # 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: "v0.8.5" # x-release-please-version
+appVersion: "v0.8.6" # 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/values.yaml b/chart/open-feature-operator/values.yaml
index 2588fab0a..012e028a4 100644
--- a/chart/open-feature-operator/values.yaml
+++ b/chart/open-feature-operator/values.yaml
@@ -129,7 +129,7 @@ controllerManager:
       ## @param controllerManager.manager.image.repository Sets the image for the operator.
       repository: ghcr.io/open-feature/open-feature-operator
       ## @param controllerManager.manager.image.tag Sets the version tag for the operator.
-      tag: v0.8.5 # x-release-please-version
+      tag: v0.8.6 # x-release-please-version
     resources:
       limits:
         ## @param controllerManager.manager.resources.limits.cpu Sets cpu resource limits for operator.
diff --git a/docs/installation.md b/docs/installation.md
index 6dd980039..36dc1ee1f 100644
--- a/docs/installation.md
+++ b/docs/installation.md
@@ -62,13 +62,13 @@ 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/v0.8.5/release.yaml
+kubectl apply -f https://github.com/open-feature/open-feature-operator/releases/download/v0.8.6/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/v0.8.5/release.yaml &&
+kubectl delete -f https://github.com/open-feature/open-feature-operator/releases/download/v0.8.6/release.yaml &&
 kubectl delete namespace open-feature-operator-system
 ```
 <!-- x-release-please-end -->
diff --git a/docs/quick_start.md b/docs/quick_start.md
index a054247a0..b184557bd 100644
--- a/docs/quick_start.md
+++ b/docs/quick_start.md
@@ -40,7 +40,7 @@ helm upgrade --install openfeature openfeature/open-feature-operator
 <!-- 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/v0.8.5/release.yaml
+kubectl apply -f https://github.com/open-feature/open-feature-operator/releases/download/v0.8.6/release.yaml
 ```
 <!-- x-release-please-end -->