diff --git a/CHANGELOG.md b/CHANGELOG.md
index 38bb5dd2fcc..6edbf69d4f2 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,12 +1,4 @@
-## Unreleased
-
-### Added
-
-### Changed
-
-### Deprecated
-
-### Removed
+## v0.10.1
 
 ### Bug Fixes
 
diff --git a/doc/user/install-operator-sdk.md b/doc/user/install-operator-sdk.md
index f85e62647a3..2b9acd95caf 100644
--- a/doc/user/install-operator-sdk.md
+++ b/doc/user/install-operator-sdk.md
@@ -18,7 +18,7 @@ $ brew install operator-sdk
 
 ```sh
 # Set the release version variable
-$ RELEASE_VERSION=v0.10.0
+$ RELEASE_VERSION=v0.10.1
 # Linux
 $ curl -OJL https://github.com/operator-framework/operator-sdk/releases/download/${RELEASE_VERSION}/operator-sdk-${RELEASE_VERSION}-x86_64-linux-gnu
 # macOS
diff --git a/internal/pkg/scaffold/ansible/go_mod.go b/internal/pkg/scaffold/ansible/go_mod.go
index c858fb0789f..971f2536932 100644
--- a/internal/pkg/scaffold/ansible/go_mod.go
+++ b/internal/pkg/scaffold/ansible/go_mod.go
@@ -65,6 +65,8 @@ replace (
 	// resolve it correctly.
 	github.com/prometheus/prometheus => github.com/prometheus/prometheus d3245f15022551c6fc8281766ea62db4d71e2747
 )
+
+replace github.com/operator-framework/operator-sdk => github.com/operator-framework/operator-sdk v0.10.1 
 `
 
 func PrintGoMod(asFile bool) error {
diff --git a/internal/pkg/scaffold/ansible/gopkgtoml.go b/internal/pkg/scaffold/ansible/gopkgtoml.go
index d26a2f0a14c..47ca6c1c2cc 100644
--- a/internal/pkg/scaffold/ansible/gopkgtoml.go
+++ b/internal/pkg/scaffold/ansible/gopkgtoml.go
@@ -38,8 +38,8 @@ func (s *GopkgToml) GetInput() (input.Input, error) {
 const gopkgTomlTmpl = `[[constraint]]
   name = "github.com/operator-framework/operator-sdk"
   # The version rule is used for a specific release and the master branch for in between releases.
-  branch = "v0.10.x" #osdk_branch_annotation
-  # version = "=v0.10.0" #osdk_version_annotation
+  # branch = "v0.10.x" #osdk_branch_annotation
+  version = "=v0.10.1" #osdk_version_annotation
 
 [[override]]
   name = "k8s.io/api"
diff --git a/internal/pkg/scaffold/go_mod.go b/internal/pkg/scaffold/go_mod.go
index 9b9a6bba5fe..42c54ba273e 100644
--- a/internal/pkg/scaffold/go_mod.go
+++ b/internal/pkg/scaffold/go_mod.go
@@ -66,6 +66,8 @@ replace (
 	// resolve it correctly.
 	github.com/prometheus/prometheus => github.com/prometheus/prometheus d3245f15022551c6fc8281766ea62db4d71e2747
 )
+
+replace github.com/operator-framework/operator-sdk => github.com/operator-framework/operator-sdk v0.10.1 
 `
 
 func PrintGoMod(asFile bool) error {
diff --git a/internal/pkg/scaffold/gopkgtoml.go b/internal/pkg/scaffold/gopkgtoml.go
index 17cc7ef773a..3eb794d1a34 100644
--- a/internal/pkg/scaffold/gopkgtoml.go
+++ b/internal/pkg/scaffold/gopkgtoml.go
@@ -83,8 +83,8 @@ required = [
 [[constraint]]
   name = "github.com/operator-framework/operator-sdk"
   # The version rule is used for a specific release and the master branch for in between releases.
-  branch = "v0.10.x" #osdk_branch_annotation
-  # version = "=v0.10.0" #osdk_version_annotation
+  # branch = "v0.10.x" #osdk_branch_annotation
+  version = "=v0.10.1" #osdk_version_annotation
 
 [prune]
   go-tests = true
diff --git a/internal/pkg/scaffold/helm/go_mod.go b/internal/pkg/scaffold/helm/go_mod.go
index 7618f020527..861046e2d8f 100644
--- a/internal/pkg/scaffold/helm/go_mod.go
+++ b/internal/pkg/scaffold/helm/go_mod.go
@@ -69,6 +69,8 @@ replace (
 	// resolve it correctly.
 	github.com/prometheus/prometheus => github.com/prometheus/prometheus d3245f15022551c6fc8281766ea62db4d71e2747
 )
+
+replace github.com/operator-framework/operator-sdk => github.com/operator-framework/operator-sdk v0.10.1 
 `
 
 func PrintGoMod(asFile bool) error {
diff --git a/internal/pkg/scaffold/helm/gopkgtoml.go b/internal/pkg/scaffold/helm/gopkgtoml.go
index e41ca71e2dc..163d1a5de5c 100644
--- a/internal/pkg/scaffold/helm/gopkgtoml.go
+++ b/internal/pkg/scaffold/helm/gopkgtoml.go
@@ -38,8 +38,8 @@ func (s *GopkgToml) GetInput() (input.Input, error) {
 const gopkgTomlTmpl = `[[constraint]]
   name = "github.com/operator-framework/operator-sdk"
   # The version rule is used for a specific release and the master branch for in between releases.
-  branch = "v0.10.x" #osdk_branch_annotation
-  # version = "=v0.10.0" #osdk_version_annotation
+  # branch = "v0.10.x" #osdk_branch_annotation
+  version = "=v0.10.1" #osdk_version_annotation
 
 [[override]]
   name = "k8s.io/api"
diff --git a/version/version.go b/version/version.go
index 10da70f104d..74d2516a494 100644
--- a/version/version.go
+++ b/version/version.go
@@ -15,7 +15,7 @@
 package version
 
 var (
-	Version    = "v0.10.0+git"
+	Version    = "v0.10.1"
 	GitVersion = "unknown"
 	GitCommit  = "unknown"
 )