diff --git a/.github/workflows/init-branch-release.yaml b/.github/workflows/init-branch-release.yaml
index 9f22e0e..0a73784 100644
--- a/.github/workflows/init-branch-release.yaml
+++ b/.github/workflows/init-branch-release.yaml
@@ -44,6 +44,12 @@ jobs:
           echo "Bumping version from $(cat VERSION) to ${{ inputs.TARGET_VERSION }}"
           echo "${{ inputs.TARGET_VERSION }}" > VERSION
 
+      - name: Replace latest tag with version from input
+        run: |
+          set -ue
+          VERSION=${{ inputs.TARGET_VERSION }} make update-manifests-version
+          git diff
+
       - name: Generate new set of manifests
         run: |
           set -ue
diff --git a/deployments/kubernetes/reloader.yaml b/deployments/kubernetes/reloader.yaml
index eeda438..881ba34 100644
--- a/deployments/kubernetes/reloader.yaml
+++ b/deployments/kubernetes/reloader.yaml
@@ -101,7 +101,7 @@ spec:
             resourceFieldRef:
               divisor: "1"
               resource: limits.memory
-        image: "ghcr.io/stakater/reloader:v1.1.0"
+        image: "ghcr.io/stakater/reloader:latest"
         imagePullPolicy: IfNotPresent
         livenessProbe:
           failureThreshold: 5