We present the results of $gamma$-ray monitoring along with optical ($R$ band) photometric and polarimetric observations of the blazar object{S5 0716+714} during the outburst in 2011 October. We observed monotonic rotation of the EVPA at a rate of $ga 50degr$ per night coinciding with a sharp maximum of $gamma$-ray and optical flux. We analyze the total and polarized intensity images of the blazar obtained with the VLBA at 43 GHz during and after the outburst.