diff --git a/renovate.json b/renovate.json
index d993af3b..0b5bc0d7 100644
--- a/renovate.json
+++ b/renovate.json
@@ -90,7 +90,7 @@
       ],
       "commitMessagePrefix": "chore({{parentDir}}):",
       "postUpgradeTasks": {
-        "commands": ["./scripts/renovate-bump-version.sh -c {{parentDir}} -d {{{lookup (split depName '/') @last}}} -v {{newVersion}}"]
+        "commands": ["./scripts/renovate-bump-version.sh -c {{parentDir}} -d {{ depName }} -v {{newVersion}}"]
       }
     },
     {
diff --git a/scripts/renovate-bump-version.sh b/scripts/renovate-bump-version.sh
index e1e1b0ae..80f1ae11 100755
--- a/scripts/renovate-bump-version.sh
+++ b/scripts/renovate-bump-version.sh
@@ -19,6 +19,9 @@ if [ -z "${dependency_name}" ] || [ -z "${dependency_version}" ] || [ -z "${char
 fi
 
 chart_yaml_path="charts/${chart}/Chart.yaml"
+# Split dependency by '/' and only use last element
+# This way we can drop prefixes like "argoproj/..." , "argoproj-labs/..." , "quay.io/foo/..."
+dependency_name="${dependency_name##*/}"
 
 # Bump the chart version by one patch version
 version=$(grep '^version:' "${chart_yaml_path}" | awk '{print $2}')