In the 2012 Summer Olympics, she was defeated in the second round by Ukraine's Yana Shemyakina, who eventually won the gold medal. In the team event Russia prevailed comfortably over Ukraine, then met No.3 seed China in the semi-finals. Shutova gave her team a slight advantage in her first bout, but China managed to even the score each time and Sun Yi eventually gave China the victory in overtime. Russia then fenced the United States in the match for bronze. Shutova entered her last relay with the score tied at 23, but was outscored 2–4 by Maya Lawrence. Anna Sivkova equalized in the last relay, but once again the decisive hit in overtime was against Russia, who exited the competition with no medal.