Items Custom fields - add options

Items Custom fields - add options

Hi,

I have added an custom field to Items, in the form of a dropdown box.
 
I wanted to update the text of one option and add another one after already creating an invoice which makes use of this optional field.
Now, when I want to create a new invoice, Zoho is throwing me an error "Illegal value specified for a Dropdown field"

Can you help me identify the underlying problem and provide me with a solution?

Thanks
Kevin