Arrange dinner rolls on a large baking sheet that has been sprayed with baking spray or line with waxed paper (sprayed with non stick spray).
Place the rolls on the counter until they are thawed but still cold. Cut the cream cheese block into 1/2 inch cubes and set aside.
Roll each dinner roll out flat into a 2 1/2 to 3 inch circle. We just pressed the dough out using our fingers.
Add one cube of cream cheese on the flattened roll and gather the ends to the center, pinching the dough closed. Roll the dough into a ball.
Using a knife or pizza cutter, cut each dough ball in half and roll into two smaller balls; set aside on baking tray.
Continue rolling, stuffing and cutting into smaller dough balls with the remaining dinner rolls. Once all the dough balls are complete set aside and make the praline sauce.
In a small pot over medium heat add the butter, sugars and evaporated milk. Bring the mixture to a boil and then turn off the heat. Stir the mixture and set aside to cool while you assemble the monkey bread.
Combine the cinnamon and sugar together in a large zip lock bag. Add a few dough balls at a time and shake to cover with rolls with the cinnamon sugar mixture.
Arrange and layer the dough balls in a large Bundt or angel food cake pan that has been sprayed with baking spray. Pour the praline sauce evenly over the rolls.
Cover the pan with a piece of plastic wrap that has been sprayed with baking spray. Let the rolls rise until double in size (about 1 1/2 hours).
Preheat the oven to 350 degrees. Remove the plastic wrap and bake the monkey bread for 35 - 45 minutes or until the rolls are golden brown and cooked through ( baking time may vary so check the bread often).
Remove from oven and let the monkey bread cool in the pan for 5-7 minutes before inverting onto a plate.
To make the simple icing, in a small bowl whisk the confectioners’ sugar, butter and milk until smooth. Drizzle over warm monkey bread and quickly add the green, purple & yellow sprinkles over the glaze.
Hide the king baby inside the baked monkey bread before serving. Whoever gets the baby in his or her slice of bread is traditionally the king (or queen) of the party and has good luck.
Let your guests know before serving that a trinket or baby is hidden inside the bread.