By Keerthi Chandrashekar / Keerthi@latinospost.com (staff@latinospost.com) | First Posted: Jan 09, 2013 03:03 PM EST

iPhone 5 owners have been patiently waiting for an untethered jailbreak ever since the handset's release, but the good news is that there's now a working untethered jailbreak for iOS 6.0.2. Only downside is it looks like it won't be released to the public anytime soon. 

In a Reddit thread about whether well-known iPhone hacker pod2g will be developing jailbreaks again, another famous hacker, planetbeing, revealed he already had a working untethered iOS 6.0.2 jailbreak for the iPhone 5. 

"Yeah, I'm not really sure what all the doom and gloom is about. The fact is, I have an untethered iOS 6.0.2 JB running on my iPhone 5 right now," planetbeing wrote on Reddit

The problem is, he won't be releasing it in order to keep some bugs secret and because iOS 6.1 is supposed to be rolling out soon. 

"The reasons it's not released are because 1. releasing it would burn an exploit we want to save for ourselves so we can always get in to look at new firmware and help JB in the future, 2. iOS 6.1 is coming very soon and will likely break a small part of it anyway, there's no point in sacrificing the many bugs it won't break," planetbeing explained.

"Anyway, where there are 4+ bugs (that it took to get this to work), there's gotta be one or two more so while jailbreaking is getting harder, reports of its death are highly exaggerated."

Untethered jailbreaks are high demand since they can withstand a battery or systems failure. A tethered jailbreak, on the other hand, gets wiped if the handset dies or reboots and requires assistance to start up again.