Indiana will not give up George. Indiana is doing poorly on offense. How about the following:
http://espn.go.com/nba/tradeMachine?tradeId=bpgxm4f
Toronto gives up Jose, Bargnani and Kleiza.
Indiana gives up West and Granger.
Seems a bit like a fleecing, but Indiana does not need Granger, with George playing like an all-star. West is an expiring and may not resign - so they get instant offense (which they desperately need) with Bargnani who would play well next to Hibbert.
They also get a good PG to backup/help Collison. Toronto gets an expiring contract in West who would be a big upgrade to Bargnani even if he doesn't come back. Granger is our SF that we've been looking for (although I'm not a huge fan he's a big time upgrade over any guy we've ever had).
Kleiza is not needed for the trade to go through, but he's an extra asset to help convince Indiana to do the trade.