If it just stopped working 'suddenly' then something must have changed either software or hardware-wise with the system.
Have you installed or deleted any packages or libraries?
In a root console, try this:
echo -n mem > /sys/power/state
and see if it suspends to ram properly. If it does, then something has changed with your s2ram tool or its dependencies (if any) so maybe reinstall/rebuild it.
If this doesn't work, see above (about whether you installed, removed, or changed anything) and undo whatever changed.
Best of luck
Sasha