As first reported by Michael Gleeson of The Age, the Tigers and Giants met prior to the commencement of the trade period in an effort to expedite the bartering process.
Said meeting was said to have taken place in the Harbour City on Friday.
Gleeson contended that picks 12 and 19 are highly likely to make their way from Punt Road to Homebush in exchange for the talented Victorian, with the trade set to be made on Monday and unlock further movements. Later selections could well come into the equation.
These revelations come in the wake of reports that Taranto's trade to Tigerland is set to be separated from fellow Giant Jacob Hopper's own move to the same venue.
It is not yet known whether the mustachioed ruckman will be packaged into any deal between the 2019 grand finalists.
At present, Richmond's current draft hand is comprised of picks 12, 19, 31 and 85.
The Giants are presently armed with picks 3, 21, 40, 58, 60 and 76, one of which will be sent Melbourne's way for the services of small-forward Toby Bedford.