Let \( S=\{z\in\mathbb{C}:\,4z^{2}+\overline{z}=0\} \). Then \( \displaystyle \sum_{z\in S}|z|^{2} \) is equal to:
\( \dfrac{1}{16} \)
\( \dfrac{5}{64} \)
\( \dfrac{3}{16} \)
\( \dfrac{7}{64} \)