diff --git a/deployment/network-operator/Chart.yaml b/deployment/network-operator/Chart.yaml
index d78fb0aaf..24aee93dc 100644
--- a/deployment/network-operator/Chart.yaml
+++ b/deployment/network-operator/Chart.yaml
@@ -1,8 +1,8 @@
 apiVersion: v2
 name: network-operator
-version: 24.1.0-beta.1
+version: 24.1.0-beta.2
 kubeVersion: '>= 1.21.0'
-appVersion: v24.1.0-beta.1
+appVersion: v24.1.0-beta.2
 description: Nvidia network operator
 type: application
 keywords:
diff --git a/deployment/network-operator/values.yaml b/deployment/network-operator/values.yaml
index e384f679c..2971a9778 100644
--- a/deployment/network-operator/values.yaml
+++ b/deployment/network-operator/values.yaml
@@ -143,8 +143,8 @@ sriov-network-operator:
 
   # Image URIs for sriov-network-operator components
   images:
-    operator: nvcr.io/nvstaging/mellanox/sriov-network-operator:network-operator-24.1.0-beta.1
-    sriovConfigDaemon: nvcr.io/nvstaging/mellanox/sriov-network-operator-config-daemon:network-operator-24.1.0-beta.1
+    operator: nvcr.io/nvstaging/mellanox/sriov-network-operator:network-operator-24.1.0-beta.2
+    sriovConfigDaemon: nvcr.io/nvstaging/mellanox/sriov-network-operator-config-daemon:network-operator-24.1.0-beta.2
     sriovCni: ghcr.io/k8snetworkplumbingwg/sriov-cni:v2.7.0
     ibSriovCni: ghcr.io/k8snetworkplumbingwg/ib-sriov-cni:v1.0.3
     sriovDevicePlugin: ghcr.io/k8snetworkplumbingwg/sriov-network-device-plugin:2cc723dcbc712290055b763dc9d3c090ba41e929
diff --git a/hack/release.yaml b/hack/release.yaml
index 8054b0b05..7c1f85ef8 100644
--- a/hack/release.yaml
+++ b/hack/release.yaml
@@ -8,11 +8,11 @@ NetworkOperatorInitContainer:
 SriovNetworkOperator:
   image: sriov-network-operator
   repository: nvcr.io/nvstaging/mellanox
-  version: network-operator-24.1.0-beta.1
+  version: network-operator-24.1.0-beta.2
 SriovConfigDaemon:
   image: sriov-network-operator-config-daemon
   repository: nvcr.io/nvstaging/mellanox
-  version: network-operator-24.1.0-beta.1
+  version: network-operator-24.1.0-beta.2
 SriovCni:
   image: sriov-cni
   repository: ghcr.io/k8snetworkplumbingwg
@@ -52,7 +52,7 @@ Ipoib:
 IpamPlugin:
   image: whereabouts
   repository: ghcr.io/k8snetworkplumbingwg
-  version: v0.6.2 
+  version: v0.6.2
 nvIpam:
   image: nvidia-k8s-ipam
   repository: ghcr.io/mellanox