diff --git a/CHANGELOG.md b/CHANGELOG.md
index 43a9491879..df9aab2660 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,4 +1,4 @@
-## UNRELEASED
+## 0.49.4 (February 7, 2023)
 
 BREAKING CHANGES:
 * Helm:
diff --git a/charts/consul/Chart.yaml b/charts/consul/Chart.yaml
index 6001345e96..0344240c9f 100644
--- a/charts/consul/Chart.yaml
+++ b/charts/consul/Chart.yaml
@@ -1,6 +1,6 @@
 apiVersion: v2
 name: consul
-version: 0.49.4-dev
+version: 0.49.4
 appVersion: 1.13.6
 kubeVersion: ">=1.21.0-0"
 description: Official HashiCorp Consul Chart
@@ -10,12 +10,12 @@ sources:
   - https://github.com/hashicorp/consul
   - https://github.com/hashicorp/consul-k8s
 annotations:
-  artifacthub.io/prerelease: true
+  artifacthub.io/prerelease: false
   artifacthub.io/images: |
     - name: consul
       image: hashicorp/consul:1.13.6
     - name: consul-k8s-control-plane
-      image: hashicorp/consul-k8s-control-plane:0.49.4-dev
+      image: hashicorp/consul-k8s-control-plane:0.49.4
     - name: envoy
       image: envoyproxy/envoy:v1.23.1
   artifacthub.io/license: MPL-2.0
diff --git a/charts/consul/values.yaml b/charts/consul/values.yaml
index efb8674631..b0b6d24b2b 100644
--- a/charts/consul/values.yaml
+++ b/charts/consul/values.yaml
@@ -129,7 +129,7 @@ global:
   # image that is used for functionality such as catalog sync.
   # This can be overridden per component.
   # @default: hashicorp/consul-k8s-control-plane:<latest version>
-  imageK8S: hashicorp/consul-k8s-control-plane:0.49.4-dev
+  imageK8S: hashicorp/consul-k8s-control-plane:0.49.4
 
   # The name of the datacenter that the agents should
   # register as. This can't be changed once the Consul cluster is up and running
diff --git a/cli/version/version.go b/cli/version/version.go
index 71d63e9061..758af326de 100644
--- a/cli/version/version.go
+++ b/cli/version/version.go
@@ -19,7 +19,7 @@ var (
 	// A pre-release marker for the version. If this is "" (empty string)
 	// then it means that it is a final release. Otherwise, this is a pre-release
 	// such as "dev" (in development), "beta", "rc1", etc.
-	VersionPrerelease = "dev"
+	VersionPrerelease = ""
 )
 
 // GetHumanVersion composes the parts of the version in a way that's suitable
diff --git a/control-plane/version/version.go b/control-plane/version/version.go
index 71d63e9061..758af326de 100644
--- a/control-plane/version/version.go
+++ b/control-plane/version/version.go
@@ -19,7 +19,7 @@ var (
 	// A pre-release marker for the version. If this is "" (empty string)
 	// then it means that it is a final release. Otherwise, this is a pre-release
 	// such as "dev" (in development), "beta", "rc1", etc.
-	VersionPrerelease = "dev"
+	VersionPrerelease = ""
 )
 
 // GetHumanVersion composes the parts of the version in a way that's suitable