Yes. There is an issue with some iPhone 4S settings under iOS 5.0 that can cause an issue with battery drain. Apple released a patch to iOS developers last night to test their fix.
For now try the following. Please hold the sleep button down until the display shows a new slider at the top to power off the phone. Do so. Then after the spinning wheel stops in the center, hold down the sleep button until you see the Apple Logo appear. This will do a reboot of the phone. Then try to charge the phone.
Hopefully this iOS 5.0.1 BETA will be fast tracked for general release.