Hub not working after operator upgrade

After upgrading the operator from 1.7.0 to 1.7.1 the tekton hub is not working.

Steps to Reproduce:

1. Install Openshift Pipelines operator 1.7.0
2. Configure HUB
3. Upgrade the Openshift Pipelines operator to 1.7.1
4. Observe the pods related to hub in openshift pipelines

Expected Behaviour:

All the hub related pods should be up and running

Actual Behaviour:

The API pod is in CrashLoopBackOff state with the below event

Generated from kubelet on ip-10-0-147-96.us-east-2.compute.internal
7 times in the last 35 minutes
Readiness probe error: Get "http://10.131.0.23:8000/": dial tcp 10.131.0.23:8000: connect: connection refused body: 

The DB pod is in Pending state with the below event

Generated from default-scheduler
16 times in the last 13 minutes
0/5 nodes are available: 5 persistentvolumeclaim "tekton-hub-db" not found.