diff --git a/.github/workflows/gha-e2e-tests.yaml b/.github/workflows/gha-e2e-tests.yaml
index aaed23bd..61541cd5 100644
--- a/.github/workflows/gha-e2e-tests.yaml
+++ b/.github/workflows/gha-e2e-tests.yaml
@@ -16,7 +16,7 @@ env:
   TARGET_ORG: actions-runner-controller
   TARGET_REPO: arc_e2e_test_dummy
   IMAGE_NAME: "arc-test-image"
-  IMAGE_VERSION: "0.12.0"
+  IMAGE_VERSION: "0.12.1"
 
 concurrency:
   # This will make sure we only apply the concurrency limits on pull requests
diff --git a/charts/gha-runner-scale-set-controller/Chart.yaml b/charts/gha-runner-scale-set-controller/Chart.yaml
index b89143cb..c529bc6b 100644
--- a/charts/gha-runner-scale-set-controller/Chart.yaml
+++ b/charts/gha-runner-scale-set-controller/Chart.yaml
@@ -15,13 +15,13 @@ 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: 0.12.0
+version: 0.12.1
 
 # 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: "0.12.0"
+appVersion: "0.12.1"
 
 home: https://github.com/actions/actions-runner-controller
 
diff --git a/charts/gha-runner-scale-set/Chart.yaml b/charts/gha-runner-scale-set/Chart.yaml
index c2dcf121..237b5cfb 100644
--- a/charts/gha-runner-scale-set/Chart.yaml
+++ b/charts/gha-runner-scale-set/Chart.yaml
@@ -15,13 +15,13 @@ 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: 0.12.0
+version: 0.12.1
 
 # 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: "0.12.0"
+appVersion: "0.12.1"
 
 home: https://github.com/actions/actions-runner-controller
 
diff --git a/docs/gha-runner-scale-set-controller/README.md b/docs/gha-runner-scale-set-controller/README.md
index 42b363a1..27f1b76b 100644
--- a/docs/gha-runner-scale-set-controller/README.md
+++ b/docs/gha-runner-scale-set-controller/README.md
@@ -43,6 +43,14 @@ You can follow [this troubleshooting guide](https://docs.github.com/en/actions/h
 
 ## Changelog
 
+### 0.12.1
+
+1. Fix indentation of startupProbe attributes in dind sidecar [#4126](https://github.com/actions/actions-runner-controller/pull/4126)
+1. Remove duplicate float64 call [#4139](https://github.com/actions/actions-runner-controller/pull/4139)
+1. Fix dind sidecar template [#4128](https://github.com/actions/actions-runner-controller/pull/4128)
+1. Remove check if runner exists after exit code 0 [#4142](https://github.com/actions/actions-runner-controller/pull/4142)
+1. Explicitly requeue during backoff ephemeral runner [#4152](https://github.com/actions/actions-runner-controller/pull/4152)
+
 ### 0.12.0
 
 1. Allow use of client id as an app id [#4057](https://github.com/actions/actions-runner-controller/pull/4057)