You might need to update/re-install Chrome.
Then I went to chrome://components
You can use this extension to let you know of updates as well:
Hopefully that will work
Google releases updates to the embedded version of Flash Player in Chrome, not Adobe. It is up to Google to as to when they release the update, and how they do it (component update, or Chrome update). As CS mentions, you can manually check for a Chrome update, or wait until it updates automatically, although, I do understand your desire to update it as soon as possible.
The reason one might want to is because websites are complaining that your version of Flash is out of date. You go to a site or click a link, and it says that flash has been blocked because it is out of date. When you click the help to update it, it says to go to chrome://components and update pepper_flash. But if Chrome hasn't updated it yet, you're out of luck.
The current version of Flash Player is 22.214.171.124. If you're getting that message at this point from Chrome, you haven't been getting updates for several weeks.
If you go to Menu > Help > About Google Chrome, you should be able to see whether or not Chrome is updated. If it instructs you to restart Chrome, you should do that. If you haven't set up automatic updates, I'd highly recommend doing that. Keeping your OS, Flash and Browser updated is your best line of defense against malware at this point.