1/2 c. butter
1/2 c. chopped nuts
1 c. firmly packed brown sugar
2 tbsp. water
2 (10 oz.) cans Hungry Jack refrigerated flaky biscuits

Heat oven to 375 degrees. In small pan, melt butter. Coat bottom and sides of ungreased 12-cup fluted tube pan with 2 tablespoons of melted butter. Sprinkle 3 tablespoons of nuts over bottom of prepared pan. Add remaining nuts, brown sugar and water to remaining butter; heat to boiling, stirring occasionally. Remove from heat.

Separate dough into 20 biscuits; cut each biscuits in 1/2 and shape into ball. Place 20 balls in bottom of prepared pan. Drizzle 1/2 caramel sauce over balls. Repeat layers. Bake at 375 degrees for 20 to 25 minutes. Invert immediately onto waxed paper and remove from pan.