diff --git a/CHANGELOG.md b/CHANGELOG.md
index 9e954fc98..b77d144ac 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,4 +1,19 @@
-## [Unreleased 0.5.1]
+## [Unreleased 0.5.2]
+
+### Added
+
+### Changed
+
+### Removed
+
+### Fixed
+
+### Deprecated
+
+### Security
+
+
+## [Release 0.5.1]
 
 Upgrade notice for TLS cluster users:
 If you are using TLS-enabled etcd cluster, the SAN domain has been changed. See [TLS docs](./doc/user/cluster_tls.md).
@@ -14,16 +29,11 @@ Finally, it is safe to upgrade operator. It's highly recommended to save a backu
 
 - Default timeout for snapshots done by backup sidecar increased from 5 seconds to 1 minute
 
-### Removed
-
 ### Fixed
 
 - Fix periodFullGC only executed once problem.
 - [GH-1021] Use the cluster domain provided by kubelet instead of hardcoded `.cluster.local` .
 
-### Deprecated
-
-### Security
 
 ## [Release 0.5.0]
 
diff --git a/example/deployment-aws.yaml b/example/deployment-aws.yaml
index 3dc6c4728..6f8c4a18b 100644
--- a/example/deployment-aws.yaml
+++ b/example/deployment-aws.yaml
@@ -11,7 +11,7 @@ spec:
     spec:
       containers:
       - name: etcd-operator
-        image: quay.io/coreos/etcd-operator:v0.5.0
+        image: quay.io/coreos/etcd-operator:v0.5.1
         command: 
         - /usr/local/bin/etcd-operator
         - --pv-provisioner=kubernetes.io/aws-ebs
diff --git a/example/deployment-s3-backup.yaml.template b/example/deployment-s3-backup.yaml.template
index b0424c42c..6154ddda3 100644
--- a/example/deployment-s3-backup.yaml.template
+++ b/example/deployment-s3-backup.yaml.template
@@ -11,7 +11,7 @@ spec:
     spec:
       containers:
       - name: etcd-operator
-        image: quay.io/coreos/etcd-operator:v0.5.0
+        image: quay.io/coreos/etcd-operator:v0.5.1
         command:
         - /usr/local/bin/etcd-operator
         - --backup-aws-secret=aws # assuming the configmap and secret are both named 'aws'
diff --git a/example/deployment.yaml b/example/deployment.yaml
index bdd1ab669..5baf39999 100644
--- a/example/deployment.yaml
+++ b/example/deployment.yaml
@@ -11,7 +11,7 @@ spec:
     spec:
       containers:
       - name: etcd-operator
-        image: quay.io/coreos/etcd-operator:v0.5.0
+        image: quay.io/coreos/etcd-operator:v0.5.1
         env:
         - name: MY_POD_NAMESPACE
           valueFrom:
diff --git a/version/version.go b/version/version.go
index 09f645208..d5396b99a 100644
--- a/version/version.go
+++ b/version/version.go
@@ -15,6 +15,6 @@
 package version
 
 var (
-	Version = "0.5.0+git"
+	Version = "0.5.1"
 	GitSHA  = "Not provided (use ./build instead of go build)"
 )