The Peterborough winger spent a month on loan here earlier in the season, returning to his parent club after the 1-0 defeat to Northampton.
However it has been suggested that he is in line for a return to the Bank on a season long deal after the final details were thrashed out with his parent club.
Torres scored once for City in the 1-0 win over Aldershot in Chris Sutton's first game in charge. He quickly became a fans favourite, and his return will delight Imps fans.