diff --git a/instrumentation/opentelemetry-instrumentation-psycopg/pyproject.toml b/instrumentation/opentelemetry-instrumentation-psycopg/pyproject.toml
index a5a4da0b59..bc87236ca6 100644
--- a/instrumentation/opentelemetry-instrumentation-psycopg/pyproject.toml
+++ b/instrumentation/opentelemetry-instrumentation-psycopg/pyproject.toml
@@ -34,10 +34,6 @@ dependencies = [
 instruments = [
   "psycopg >= 3.1.0",
 ]
-test = [
-  "opentelemetry-instrumentation-psycopg[instruments]",
-  "opentelemetry-test-utils == 0.45b0.dev",
-]
 
 [project.entry-points.opentelemetry_instrumentor]
 psycopg = "opentelemetry.instrumentation.psycopg:PsycopgInstrumentor"
diff --git a/instrumentation/opentelemetry-instrumentation-psycopg/test-requirements-0.txt b/instrumentation/opentelemetry-instrumentation-psycopg/test-requirements-0.txt
new file mode 100644
index 0000000000..4b57cb1ca5
--- /dev/null
+++ b/instrumentation/opentelemetry-instrumentation-psycopg/test-requirements-0.txt
@@ -0,0 +1,20 @@
+asgiref==3.7.2
+attrs==23.2.0
+backports.zoneinfo==0.2.1
+Deprecated==1.2.14
+importlib-metadata==6.11.0
+iniconfig==2.0.0
+packaging==23.2
+pluggy==1.4.0
+psycopg==3.1.18
+py==1.11.0
+py-cpuinfo==9.0.0
+pytest==7.1.3
+pytest-benchmark==4.0.0
+tomli==2.0.1
+typing_extensions==4.10.0
+wrapt==1.16.0
+zipp==3.17.0
+-e opentelemetry-instrumentation
+-e instrumentation/opentelemetry-instrumentation-dbapi
+-e instrumentation/opentelemetry-instrumentation-psycopg
diff --git a/instrumentation/opentelemetry-instrumentation-psycopg/test-requirements-1.txt b/instrumentation/opentelemetry-instrumentation-psycopg/test-requirements-1.txt
new file mode 100644
index 0000000000..d449374047
--- /dev/null
+++ b/instrumentation/opentelemetry-instrumentation-psycopg/test-requirements-1.txt
@@ -0,0 +1,19 @@
+asgiref==3.7.2
+attrs==23.2.0
+Deprecated==1.2.14
+importlib-metadata==6.11.0
+iniconfig==2.0.0
+packaging==23.2
+pluggy==1.4.0
+psycopg==3.1.18
+py==1.11.0
+py-cpuinfo==9.0.0
+pytest==7.1.3
+pytest-benchmark==4.0.0
+tomli==2.0.1
+typing_extensions==4.10.0
+wrapt==1.16.0
+zipp==3.17.0
+-e opentelemetry-instrumentation
+-e instrumentation/opentelemetry-instrumentation-dbapi
+-e instrumentation/opentelemetry-instrumentation-psycopg
diff --git a/tox.ini b/tox.ini
index 7b7b2a0710..d9ca8acfcc 100644
--- a/tox.ini
+++ b/tox.ini
@@ -372,7 +372,9 @@ commands_pre =
 
   pymongo: pip install {toxinidir}/instrumentation/opentelemetry-instrumentation-pymongo[test]
 
-  psycopg: pip install {toxinidir}/instrumentation/opentelemetry-instrumentation-dbapi {toxinidir}/instrumentation/opentelemetry-instrumentation-psycopg[test]
+  py3{8,9}-test-instrumentation-psycopg: pip install -r {toxinidir}/instrumentation/opentelemetry-instrumentation-psycopg/test-requirements-0.txt
+  py3{10,11}-test-instrumentation-psycopg: pip install -r {toxinidir}/instrumentation/opentelemetry-instrumentation-psycopg/test-requirements-1.txt
+  pypy3-test-instrumentation-psycopg: pip install -r {toxinidir}/instrumentation/opentelemetry-instrumentation-psycopg/test-requirements-1.txt
 
   psycopg2: pip install {toxinidir}/instrumentation/opentelemetry-instrumentation-dbapi {toxinidir}/instrumentation/opentelemetry-instrumentation-psycopg2[test]
 
@@ -559,7 +561,7 @@ commands_pre =
   python -m pip install -e {toxinidir}/instrumentation/opentelemetry-instrumentation-confluent-kafka[test]
   python -m pip install -e {toxinidir}/instrumentation/opentelemetry-instrumentation-logging[test]
   python -m pip install -e {toxinidir}/instrumentation/opentelemetry-instrumentation-pymemcache[test]
-  python -m pip install -e {toxinidir}/instrumentation/opentelemetry-instrumentation-psycopg[test]
+  pip install -r {toxinidir}/instrumentation/opentelemetry-instrumentation-psycopg/test-requirements-1.txt
   python -m pip install -e {toxinidir}/instrumentation/opentelemetry-instrumentation-psycopg2[test]
   python -m pip install -e {toxinidir}/instrumentation/opentelemetry-instrumentation-aiohttp-client[test]
   python -m pip install -e {toxinidir}/instrumentation/opentelemetry-instrumentation-aiohttp-server[test]
@@ -607,7 +609,7 @@ deps =
   # prerequisite: install libpq-dev (debian) or postgresql-devel (rhel), postgresql (mac)
   # see https://www.psycopg.org/docs/install.html#build-prerequisites
   # you might have to install additional packages depending on your OS
-  psycopg ~= 3.1.17
+  psycopg==3.1.18
   psycopg2 ~= 2.9.5
   aiopg >= 0.13.0, < 1.3.0
   sqlalchemy ~= 1.4