Rockstar Games has launched patch 1.17 for 'Grand Theft Auto V' to address many of the GTA Online glitches and exploits that players have been taking advantage of.

Some players have been using these glitches to obtain unlimited money and mass amounts of RP.

YouTube's "Nasty" was reported to have successfully found loopholes in GTA 5 Online and revealed the steps in order to make unlimited money in the game, according to Christian Today.

Aside from the update, Rockstar Games also released the Last Team Standing DLC pack which features additional powerful weapons, tactical gear and high-performance cars plus a Creator mode which lets the players create their own GTA Online Jobs.

Players also are given only one life to celebrate GTA Online's high stakes mode.

"This Creator update features a new option for building even more dynamic matches across other modes - with the ability to add Rounds to Captures and Last Team Standing Jobs. Or raise the stakes by adding rounds to Rockstar Created LTS, Captures and Versus Missions. And be sure to take advantage of the new Forced Weapon setting, allowing you to limit weapons for specific options like "Snipers-Only," the official website read.

Players can go to the Ammu-nation to avail of power-packed guns such as the Heavy Shotgun and the Marksman Rifle. They can also get new outfits like masks, pants, tops, and bulletproof helmets to name a few.

The recent update will have 10 new Last Team Standing jobs all throughout Blaine County and Los Santos.

Two new motorcycles including the LCC Innovation chopper and the Shitzu Hakuchou, as well as the "sophisticated and "fiery" Lampadati Furore GT were also included in the update.

The update can be installed automatically on PS3 and Xbox 360.

On a side note, 'GTA 5' is set to arrive on January 17 for PC and next-gen gaming consoles Xbox One and PS4.