I think there used to be some play where A1, on a breakaway, jumps up, grabs the rim with one hand and, pulls himself up, and dunks with the other hand.
Ruling:  T for grabbing the ring.  Makes the ball dead.  T for dunking.
Not listed in the ruling, the T you'd have to give the coach.  
In the OP -- treat it as an "unsporting act" -- if it was, enforce it (much like the slapping the backboard rule).  I don't think it was in your case.