Caramel Biscuit Ring-A-Round

Yield:	10 Servings
Categories:	Breakfast, Brunches

3/4	c	Firmly packed light brown sugar
1/2	c	Nuts; chopped
1/3	c	Butter or margarine
2	tb	Water
2	cn	(7.5 oz) Pillsbury Refrigerated Buttermilk