How To Jailbreak iOS 5.0.1 On iPhone 4, iPhone 3GS, iPod Touch 4G, iPod Touch 3G and iPad

Yesterday, Apple has released iOS 5.0.1 for iPhone 4S, iPhone 4, iPhone 3GS, iPod touch 4G, iPod touch 3G, iPad 2 and iPad and here we presents full guide to jailbreak your iPhone 4, 3GS, iPod touch 4G, 3G, iPad 2 and iPad with iOS 5.0.1
Note: iPhone 4S isn't supported yet, let's check iOS 5.0.1 jailbreak guide after the jump.

You will jailbreak iOS 5.0.1 with latest version of Redsn0w let's see the full steps of jailbreak :

Step 1 : Download required files

• iOS 5.0.1 IPSW firmware for all idevices
• Redsn0w 0.9.9 b7 

STEP 2: Connect your device, sync it with iTunes then restore to iOS 5.0.1.

STEP 3: Open Redsn0w, click on Extras, then Select IPSW and point it to iOS 5 IPSW file.

STEP 4: Now hit back, then jailbreak and check on “Install Cydia”.

STEP 5: Follow the on-screen instructions to get your device in DFU mode.

You will get your device jailbroken within few minutes of installing some important exploits on your iOS device. You will get white Cydia icon once jailbroken, you will need to make tethered boot to get it working. In future, when you reboot your device, you will also need to tethered boot.

iOS 5.0.1 Tethered Boot

STEP 1: Open Redsn0w, hit Extras then (Just Boot).

STEP 2: Hit next and then follow the on-screen instructions to get in DFU mode.