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iPhone Dev team has just released Redsn0w 0.9.12b1 that includes support for untethered iOS 5.1.1 for iPhone 4S, iPhone 4, iPhone 3GS, iPad 3, iPad 2, iPad 1, iPod touch 4G and iPod Touch 3G.
In this article, we will take you through the step-by-step procedure to jailbreak your iPod touch on iOS 5.1.1 using Redsn0w for both Mac and Windows users.
Here are some important points to note before you proceed.