diff --git a/bitnami/memcached/Chart.yaml b/bitnami/memcached/Chart.yaml
index d8606b8ad..83f7d2081 100644
--- a/bitnami/memcached/Chart.yaml
+++ b/bitnami/memcached/Chart.yaml
@@ -1,7 +1,7 @@
 apiVersion: v1
 name: memcached
-version: 1.5.4
-appVersion: 1.5.15
+version: 1.5.5
+appVersion: 1.5.16
 description: Chart for Memcached
 keywords:
 - memcached
diff --git a/bitnami/memcached/values-production.yaml b/bitnami/memcached/values-production.yaml
index ba3464f7b..641c39ee2 100644
--- a/bitnami/memcached/values-production.yaml
+++ b/bitnami/memcached/values-production.yaml
@@ -13,7 +13,7 @@
 image:
   registry: docker.io
   repository: bitnami/memcached
-  tag: 1.5.15
+  tag: 1.5.16
   ## Specify a imagePullPolicy
   ## Defaults to 'Always' if image tag is 'latest', else set to 'IfNotPresent'
   ## ref: http://kubernetes.io/docs/user-guide/images/#pre-pulling-images
diff --git a/bitnami/memcached/values.yaml b/bitnami/memcached/values.yaml
index 326547beb..1bd6ce415 100644
--- a/bitnami/memcached/values.yaml
+++ b/bitnami/memcached/values.yaml
@@ -13,7 +13,7 @@
 image:
   registry: docker.io
   repository: bitnami/memcached
-  tag: 1.5.15
+  tag: 1.5.16
   ## Specify a imagePullPolicy
   ## Defaults to 'Always' if image tag is 'latest', else set to 'IfNotPresent'
   ## ref: http://kubernetes.io/docs/user-guide/images/#pre-pulling-images