Preheat oven to 350°F (175°C) and grease a bundt pan.
In a small bowl, mix granulated sugar and cinnamon.
Cut biscuit dough into small balls, about the size of a walnut. Roll each dough ball in the cinnamon sugar mixture and place them in the bundt pan.
If using nuts, sprinkle them between layers of dough balls.
In a small saucepan, melt the butter and brown sugar together over medium heat until it becomes a smooth caramel sauce.
Pour the caramel sauce evenly over the dough balls in the bundt pan.
Bake for 35-40 minutes or until the bread is golden and cooked through.
Let the Monkey Bread cool for a few minutes before turning it out onto a serving plate. Serve warm, and enjoy pulling apart the gooey, sticky pieces!