The 2012 No Way Out (known as No Escape in Germany) was the 12th and final No Way Out professional wrestling pay-per-view (PPV) event produced by WWE. It took place on June 17, 2012, at the Izod Center in East Rutherford, New Jersey. It was the first No Way Out held since 2009 and replaced Capitol Punishment for the June 2012 PPV slot, thus being the only No Way Out event held in June as all previous ones were held in February. Following this event, however, No Way Out was again discontinued and replaced by Payback in 2013.

Nine matches were contested at the event, with one match on the pre-show. In the main event, John Cena defeated Big Show in a Steel Cage match. In other prominent matches, Sheamus defeated Dolph Ziggler to retain the World Heavyweight Championship and CM Punk defeated Kane and Daniel Bryan to retain the WWE Championship. The event received 194,000 buys, up from last year's Capitol Punishment pay-per-view of 170,000, but down on the 2009 No Way Out figure of 272,000 buys.