Download PS3 4.11 jailbreak :http://ps3jailbreak.indmind.com/
Direct Link :http://lnkgt.com/965
Follow the Steps Given Below to jailbreak Your PS3
1. Download the tool coded by graf_chokolo from http://ps3jailbreak.indmind.com/
2. Select version you want to Jailbreak and Click on Download PUP File Button on the tool and wait for the download to complete.
3. On completion, you will get a PS3UPDAT.PUP file
4. Plug a USB stick into your computer and Create a folder in the root of the USB stick called PS3
5. Create a folder inside the PS3 folder called UPDATE
6. Move PS3UPDAT.PUP to the directory UPDATE which you just created on the USB stick
7. Plug-in the USB stick into your PS3 and Navigate to Settings Tab - System Update
8. Choose Update via Storage Media
9. It will say it found Version (Latest Update)
10. Choose OK
11. Accept Conditions and Install Update
12. After less than a minute, your PS3 will update, beep 4 times then shut down.