In case you have checked in a wrong file or submitted a change set which was not intended to go, you may want to revert it. The condition may also arise when a specific change set is performing incorrectly in the production code and you would want to revert that.

Visual Studio allows you to easily perform a rollback of the specific change set. To do so, open the History page first. Right click on the change set that you want to revert, and from the context menu, select the entry Rollback Entire Changeset:

You will have to check-in the modified files/folders, which are waiting for the final commit to complete the revert/rollback process.