diff --git a/charts/dependency/memcached/Chart.yaml b/charts/dependency/memcached/Chart.yaml
index 82829335277..bcd3d7cd6ef 100644
--- a/charts/dependency/memcached/Chart.yaml
+++ b/charts/dependency/memcached/Chart.yaml
@@ -22,7 +22,7 @@ sources:
   - https://github.com/bitnami/bitnami-docker-memcached
   - http://memcached.org/
 type: application
-version: 1.0.30
+version: 1.0.31
 annotations:
   truecharts.org/catagories: |
     - database
diff --git a/charts/dependency/memcached/values.yaml b/charts/dependency/memcached/values.yaml
index 4844c0c47f2..f8bfab53859 100644
--- a/charts/dependency/memcached/values.yaml
+++ b/charts/dependency/memcached/values.yaml
@@ -1,7 +1,7 @@
 image:
   repository: ghcr.io/truecharts/memcached
   pullPolicy: IfNotPresent
-  tag: v1.6.12@sha256:608c7c6415f5bca26ed19b22c99e237fff790ca35b60212684cf4abc2fdae794
+  tag: v1.6.12@sha256:3887a722b71d004c54ecf41a9f937edf5cd6a85c5e7c70935964b7aedf61b856
 
 service:
   main: