Preheat oven to 350°F

Open each biscuit and separate the biscuits. Cut each biscuit into 4 quarters, set aside.

In a large bowl, melt the butter in the microwave in 30 second increments until melted. To the melted butter add olive oil, garlic, Italian seasoning, red pepper flakes, shredded mozzarella cheese, and Parmesan cheese. Mix together.

To the butter mixture, add the biscuits and pepperoni. Mix everything together. I find using my hands is the easiest way to ensure every biscuit gets well coated.

Spray a bundt cake pan with nonstick cooking spray.

Evenly distribute the biscuits into the bundt pan.

Bake for 30-35 minutes until the biscuits are cooked through. If they start to brown too quickly on top, cover the pan with foil and continue baking.

Let the monkey bread sit for 10 minutes before inverting it on a serving plate.

Pull the monkey bread apart and dip into warm marinara sauce.