visual studio 2012 - "A specified communication resources(port) is already in use" when attaching the debugger

Question

I have just upgrade my windows phone 8 to windows phone 8.1. When I connect my phone to pc and run my project it gives me

a specified communication resources(port) is already in use by another application.

I restarted my PC and Phone, removed all connected external devices but still getting same error while running my code through Visual Studio 2012.

I can see it's deployed on phone but I can't debug it. Debugger is not attaching.

Here is my screen shot:

Answer 1

We need to update visual studio 2012

Go to Tools->Extensions and update->updates and update the visual studio update 4