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Place muffin liners into a muffin tin.
In a microwave safe bowl melt the chocolate chips on high in 30 second increments, stirring after each increment, until smooth.
Spoon about 2 teaspoons of melted chocolate into the bottom of each muffin liner.
In a separate microwave safe bowl melt the caramel bits and water in 30 second increments, stirring after each increment, until smooth.
Stir in the chopped peanuts.Spoon about a tablespoon of the caramel mixture into each cup.
If needed, reheat the chocolate to melt and spoon enough to cover the caramel and peanuts, about 2 teaspoons to a tablespoon.
Let cool and set. If they don’t firm up place in the refrigerator for 10-15 minutes.