diff --git a/CHANGELOG.md b/CHANGELOG.md
index 44f50804..5686d222 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,3 +1,10 @@
+<a name="v0.7.1"></a>
+## [v0.7.1](https://github.com/IBM/argocd-vault-plugin/compare/v0.7.0...v0.7.1) (2021-05-10)
+
+### Fix
+
+* Remove unnecessary panics on replace ([#121](https://github.com/IBM/argocd-vault-plugin/issues/121))
+
 <a name="v0.7.0"></a>
 ## [v0.7.0](https://github.com/IBM/argocd-vault-plugin/compare/v0.6.0...v0.7.0) (2021-03-24)
 
diff --git a/Makefile b/Makefile
index 198624a3..1485fd12 100644
--- a/Makefile
+++ b/Makefile
@@ -1,5 +1,5 @@
 BINARY=argocd-vault-plugin
-VERSION=0.7.0
+VERSION=0.7.1
 OS_ARCH=darwin_amd64
 
 default: build
diff --git a/version/version.go b/version/version.go
index 801db914..57417336 100644
--- a/version/version.go
+++ b/version/version.go
@@ -2,5 +2,5 @@ package version
 
 var (
 	// Version is the argocd-vault-plugin version.
-	Version = "v0.7.0"
+	Version = "v0.7.1"
 )