diff --git a/changelog/unreleased/PR#4313-update-com-github-ben-manes-caffeine-caffeine.yml b/changelog/unreleased/PR#4313-update-com-github-ben-manes-caffeine-caffeine.yml
new file mode 100644
index 000000000000..ecf824ce90bb
--- /dev/null
+++ b/changelog/unreleased/PR#4313-update-com-github-ben-manes-caffeine-caffeine.yml
@@ -0,0 +1,7 @@
+title: Update com.github.ben-manes.caffeine:caffeine to v3.2.3
+type: dependency_update
+authors:
+- name: solrbot
+links:
+- name: PR#4313
+  url: https://github.com/apache/solr/pull/4313
diff --git a/solr/licenses/caffeine-3.1.8.jar.sha1 b/solr/licenses/caffeine-3.1.8.jar.sha1
deleted file mode 100644
index 15ff311e9793..000000000000
--- a/solr/licenses/caffeine-3.1.8.jar.sha1
+++ /dev/null
@@ -1 +0,0 @@
-24795585df8afaf70a2cd534786904ea5889c047
diff --git a/solr/licenses/caffeine-3.2.3.jar.sha1 b/solr/licenses/caffeine-3.2.3.jar.sha1
new file mode 100644
index 000000000000..29f1c69cf626
--- /dev/null
+++ b/solr/licenses/caffeine-3.2.3.jar.sha1
@@ -0,0 +1 @@
+c097f0f6d21a0e6db88ea55836e26419b30dfe19
diff --git a/solr/modules/hdfs/build.gradle b/solr/modules/hdfs/build.gradle
index 221c2bc6f038..0803e477c500 100644
--- a/solr/modules/hdfs/build.gradle
+++ b/solr/modules/hdfs/build.gradle
@@ -34,7 +34,7 @@ dependencies {
   implementation 'com.google.guava:guava'
   implementation 'io.dropwizard.metrics:metrics-core'
   // Caffeine cache to implement HDFS block caching  
-  implementation 'com.github.ben-manes.caffeine:caffeine'
+  implementation('com.github.ben-manes.caffeine:caffeine') { transitive = false }
 
   implementation 'commons-cli:commons-cli'
 
diff --git a/versions.lock b/versions.lock
index 4d56b7387910..73f02e02e4fd 100644
--- a/versions.lock
+++ b/versions.lock
@@ -15,7 +15,7 @@ com.fasterxml.jackson.datatype:jackson-datatype-jdk8:2.18.0 (6 constraints: e358
 com.fasterxml.jackson.module:jackson-module-jakarta-xmlbind-annotations:2.18.0 (2 constraints: ab241ae1)
 com.fasterxml.jackson.module:jackson-module-scala_2.13:2.18.0 (2 constraints: ec19ff7a)
 com.fasterxml.woodstox:woodstox-core:7.0.0 (1 constraints: 3b174526)
-com.github.ben-manes.caffeine:caffeine:3.1.8 (2 constraints: 1112b117)
+com.github.ben-manes.caffeine:caffeine:3.2.3 (2 constraints: 0d121317)
 com.github.luben:zstd-jni:1.5.6-4 (1 constraints: 600d6236)
 com.github.spotbugs:spotbugs-annotations:4.8.6 (1 constraints: 14051d36)
 com.github.stephenc.jcip:jcip-annotations:1.0-1 (3 constraints: c71d2c87)
@@ -41,7 +41,7 @@ com.google.cloud:google-cloud-core-grpc:2.40.0 (1 constraints: 1a1001a6)
 com.google.cloud:google-cloud-core-http:2.40.0 (1 constraints: 1a1001a6)
 com.google.cloud:google-cloud-storage:2.40.1 (2 constraints: cf1cc626)
 com.google.code.gson:gson:2.11.0 (7 constraints: f462d514)
-com.google.errorprone:error_prone_annotations:2.31.0 (16 constraints: 72cf7ec0)
+com.google.errorprone:error_prone_annotations:2.31.0 (16 constraints: 75cff4c6)
 com.google.guava:failureaccess:1.0.2 (2 constraints: fb19bf37)
 com.google.guava:guava:33.1.0-jre (24 constraints: 716c78d6)
 com.google.guava:listenablefuture:9999.0-empty-to-avoid-conflict-with-guava (2 constraints: 4b35b0a0)
@@ -268,7 +268,7 @@ org.carrot2:carrot2-core:4.5.1 (1 constraints: 0c050f36)
 org.carrot2:morfologik-fsa:2.1.9 (1 constraints: db0d9c36)
 org.carrot2:morfologik-polish:2.1.9 (1 constraints: d312541e)
 org.carrot2:morfologik-stemming:2.1.9 (2 constraints: d81fb300)
-org.checkerframework:checker-qual:3.44.0 (5 constraints: 6c46e5ef)
+org.checkerframework:checker-qual:3.44.0 (4 constraints: 3a36c0ef)
 org.codehaus.janino:commons-compiler:3.1.11 (2 constraints: 83195319)
 org.codehaus.janino:janino:3.1.11 (1 constraints: 8e0d433a)
 org.codehaus.woodstox:stax2-api:4.2.2 (2 constraints: 38155daf)
@@ -317,7 +317,7 @@ org.jetbrains:annotations:17.0.0 (2 constraints: 371c92e0)
 org.jetbrains.kotlin:kotlin-stdlib:2.2.0 (7 constraints: db6ba2e1)
 org.jetbrains.kotlin:kotlin-stdlib-jdk7:1.9.10 (2 constraints: f31f0a21)
 org.jetbrains.kotlin:kotlin-stdlib-jdk8:1.9.10 (8 constraints: 5f7a37d5)
-org.jspecify:jspecify:1.0.0 (1 constraints: a909f5a9)
+org.jspecify:jspecify:1.0.0 (2 constraints: 9f194a28)
 org.locationtech.jts:jts-core:1.19.0 (2 constraints: a31de760)
 org.locationtech.jts.io:jts-io-common:1.19.0 (1 constraints: 930d513a)
 org.locationtech.proj4j:proj4j:1.2.2 (1 constraints: 5d0daf2c)
diff --git a/versions.props b/versions.props
index ecd3c45bc4b5..d03fde39c904 100644
--- a/versions.props
+++ b/versions.props
@@ -7,7 +7,7 @@ com.carrotsearch.randomizedtesting:*=2.8.3
 com.carrotsearch:hppc=0.10.0
 com.cybozu.labs:langdetect=1.1-20120112
 com.fasterxml.jackson:jackson-bom=2.18.0
-com.github.ben-manes.caffeine:caffeine=3.1.8
+com.github.ben-manes.caffeine:caffeine=3.2.3
 com.github.spotbugs:*=4.8.6
 com.github.stephenc.jcip:jcip-annotations=1.0-1
 com.google.cloud:google-cloud-bom=0.224.0