diff --git a/CHANGELOG.md b/CHANGELOG.md
index a639b706..4faea5fa 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -5,6 +5,14 @@ The format is based on [Keep a Changelog](http://keepachangelog.com/en/1.0.0/)
 and this project adheres to [Semantic Versioning](http://semver.org/spec/v2.0.0.html).
 
 <!-- insertion marker -->
+## [1.18.1](https://github.com/mkdocstrings/python/releases/tag/1.18.1) - 2025-08-28
+
+<small>[Compare with 1.18.0](https://github.com/mkdocstrings/python/compare/1.18.0...1.18.1)</small>
+
+### Bug Fixes
+
+- Don't show implementation signature of `__init__` method when `overloads_only` is true and it is merged into the class ([9ef620f](https://github.com/mkdocstrings/python/commit/9ef620f2b1ae80b3711a2e84ab12d7d2c4a2dbdd) by Timothée Mazzucotelli). [Issue-308](https://github.com/mkdocstrings/python/issues/308)
+
 ## [1.18.0](https://github.com/mkdocstrings/python/releases/tag/1.18.0) - 2025-08-26
 
 <small>[Compare with 1.17.0](https://github.com/mkdocstrings/python/compare/1.17.0...1.18.0)</small>
diff --git a/src/mkdocstrings_handlers/python/templates/material/_base/class.html.jinja b/src/mkdocstrings_handlers/python/templates/material/_base/class.html.jinja
index 50385f41..23b3f458 100644
--- a/src/mkdocstrings_handlers/python/templates/material/_base/class.html.jinja
+++ b/src/mkdocstrings_handlers/python/templates/material/_base/class.html.jinja
@@ -107,7 +107,7 @@ Context:
                 {% endfor %}
               </div>
             {% endif %}
-            {% if config.separate_signature %}
+            {% if config.separate_signature and not (config.show_overloads and function.overloads and config.overloads_only) %}
               {% filter format_signature(function, config.line_length, crossrefs=config.signature_crossrefs) %}
                 {{ class.name }}
               {% endfilter %}