Apple’s newly released firmware iOS 4.3.2 can be jailbroken using Redsn0w 0.9.6. The current jailbreak for iOS 4.3.2 is tethered unlike iOS 4.3.1 and can used used to jailbreak iPhone 4, iPhone 3GS, iPod touch 3G, 4G and iPad 1G. iPad 2 and Apple TV 2 are still not supported.
To Jailbreak Redsn0w 0.9.6rc12 you must download redsn0w and must have IPSW files for iOS 4.3.2 firmware.
The steps are as follows.
Step 2: Now run Start Redsn0w and and then select iOS 4.3.2 using ‘Browse’ button to point it to official iOS 4.3.2 firmware and continue with the jailbreak. Once the firmware is identified, click Next to continue.
Step 3: Redsn0w will now prepare the jailbreak data.
Step 4: You will now see a screen to select packages to install. Now select “Install Cydia” and click “Next”. Additionally, you can also select any other option if available and want to.
Step 5: Plug your device into the computer and make sure that it is OFF then click the Next button.
At this stage you will be presented with a screen where you will be guided on how to enter DFU mode. Quickly hold “Power” button and then while holding the “Power” button, you will now have to hold “Home” button too. Now after few seconds release “Power” button but keep holding “Home” button until installation begins.
Step 7: Now, just wait while Redsn0w gets installed and jailbreaks your device. Once finished your iPhone, iPad or iPod touch will restart automatically.
Now, your idevice is successfully Untethered jailbroken with Redsn0w 0.9.6rc12.