1. Set oven to 375 degrees.
2. Butter a 9 or 10-inch round cake pan or pie plate.
3. Soften the caramel dip in the microwave for a few seconds, then spread in the bottom of the baking pan.
4. Separate the dough into 4 rectangle pieces, then seal the perforations with fingers.
5. Spread each rectangle with 1 tablespoon soft butter.
6. In a small bowl combine the sugar with cinnamon.
7. Sprinkle the cinnamon/sugar mixture over the butter, then sprinkle with about 1/4 cup chopped nuts.
8. Roll each rectangle pinwheel-style beginning at the short end.
9. Slice the roll into thirds.
10. Place cut side down into the pan with the caramel in it.
11. Bake for about 20-22 minutes or until golden.
12. Immediately invert onto a serving plate, spooning any caramel in the pan over the rolls.