Counterexample: Say $G$ is the group of sequences of integers, with addition. Let $K$ be the subgroup consisting of sequences $(n_1,0,0,\dots)$.
In slightly more detail: An element of $G/K$ is a coset $K+(n_1,n_2,\dots)$. Define $\phi:G\to G/K$ by $\phi((n_1,n_2,\dots))=K+(0,n_1,n_2,\dots)$. Then you can show $\phi$ is an isomorphism. (It's clear that $\phi(n+m)=\phi(n)+\phi(m)$ and that $\phi$ is surjective; it's not hard to see that if $\phi(n)=0$, that is, $\phi(n)=K+(0,0,\dots)$, then $n=0$; hence $\phi$ is injective.)
Oops, maybe it's not clear that $\phi$ is surjective. Regarding that, note that $K+(n_0,n_1,n_2,\dots) = K+(0,n_1,n_2,\dots)$.