How to update nRF Connect SDK on existing project?

Wave I am struggling to find the workflow to update the nRF Connect SDK on the existing project. I have recently built a project using Thread: CoAP Client on NCS v2.2.0, and I want to update it to v2.2.99-dev3.

I have already installed the latest NCS through nRF Toolchain Manager, but how do I update it to my project now?

It's worth noting that I have built the project using VS Code nRF extension, and the project is a Freestanding application.

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