Now it seems that reports are coming from Weibo user Daniel_K4, claiming to be a member of the Pangu team, posting that Apple has patched the Jailbreak in iOS 8.1.1 beta 1. This means that folks who have either updated to the new beta or are planning to update to the full release will be stuck without a Jailbreak.
Here's the translated message from Daniel_K4:
Until Apple releases iOS 8.1.1 to the public, most people have nothing to worry about, in regards to Jailbreak. The Pangu Jailbreak will continue to support iOS 8.0, 8.0.1, 8.0.2, and 8.1, however there's no word from the team saying they are working on an iOS 8.1.1 Jailbreak at the time of this post. Whenever Apple does plan to release any future firmware, it is best to stay away, if you're wanting to keep your Jailbreak, until there is word from the Jailbreak team.Apple has released iOS 8.1.1 beta to developers. After our tests, it has patched the jailbreak exploit. Anyone who wish to jailbreak, please seize the chance to upgrade to iOS 8.1 and do so before Apple officially releases iOS 8.1.1.