iOS 8.1.2 OTA Update Released

Apple released an update to it's iOS, iOS 8.1.2 yesterday, as an over-the-air software update for iPhone, iPad, and iPod touch users running iOS 8. In addition to the bug and security fixes, the latest release contains a fix for a problem regarding ringtones purchased from Apple being removed from devices.

To get the update, check your device's updates;
Settings > General > Software Update

Apple has not released much information about the update yet and when it is available, it will appear on this page on Apple site.
On the other hand, Apple developers received the iOS 8.2 last month.