diff --git a/VERSION b/VERSION
index 0062ac9..6b244dc 100644
--- a/VERSION
+++ b/VERSION
@@ -1 +1 @@
-5.0.0
+5.0.1
diff --git a/releases/voltha-2.4 b/releases/voltha-2.4
new file mode 100644
index 0000000..c0b57ea
--- /dev/null
+++ b/releases/voltha-2.4
@@ -0,0 +1,19 @@
+# SPDX-FileCopyrightText: © 2020 kind-voltha contributors
+# SPDX-License-Identifier: Apache-2.0o
+#
+# Source this file before running ./voltha up to install the VOLTHA 2.4.0 release
+
+export VOLTHA_CHART_VERSION=2.5.2
+export VOLTHA_BBSIM_CHART_VERSION=3.0.28
+export VOLTHA_ADAPTER_OPEN_OLT_CHART_VERSION=2.5.2
+export VOLTHA_ADAPTER_OPEN_ONU_CHART_VERSION=2.4.2
+export ONOS_CLASSIC_CHART_VERSION=0.1.1
+export RADIUS_CHART_VERSION=1.0.0
+export VOLTCTL_VERSION=1.1.8
+export WITH_ONOS=classic
+
+# defaults.image_tag=null will use the image tags in the Helm charts rather than
+# kind-voltha's default which is 'master'.
+# Also we need to specify the tag for voltha/voltha-onos image since this is
+# not in the ONOS chart.
+export EXTRA_HELM_FLAGS="--set defaults.image_tag=null,images.onos.tag=4.1.0 "
diff --git a/voltha b/voltha
index af97675..31dd124 100755
--- a/voltha
+++ b/voltha
@@ -122,7 +122,7 @@
 ONOS_CHART=${ONOS_CHART:-onf/onos}
 ONOS_CHART_VERSION=${ONOS_CHART_VERSION:-latest}
 ONOS_CLASSIC_CHART=${ONOS_CLASSIC_CHART:-onos/onos-classic}
-ONOS_CLASSIC_CHART_VERSION=${ONOS_CHART_VERSION:-latest}
+ONOS_CLASSIC_CHART_VERSION=${ONOS_CLASSIC_CHART_VERSION:-latest}
 KAFKA_CHART=${KAFKA_CHART:-incubator/kafka}
 KAFKA_CHART_VERSION=${KAFKA_CHART_VERSION:=0.15.3}
 BBSIM_SADIS_SERVER_CHART=${BBSIM_SADIS_SERVER_CHART:-bbsim-sadis/bbsim-sadis-server}