NFHS: 10-3-4a
The moment he used the rim to swing to the other side for the rebound while hanging on the rim with the other hand, he lost he privilege of grasping the rim for safety and stepped into the area of gaining an advantage by contact with the rim. If he had instead let go and fell to the floor, he wouldn't have been in position for the rebound....white #2 would have got it. Personally, I think that BI would be the just ruling (but it isn't actually BI).
Quote:
SECTION 3 PLAYER TECHNICAL
A player shall not:
ART. 3 . . . Grasp either basket at any time during the game except to prevent injury; dunk or stuff, or attempt to dunk or stuff a dead ball.
ART. 4 . . . Illegally contact the backboard/ring by:
a. Placing a hand on the backboard or ring to gain an advantage.
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