Toxbot (also known as Codbot.T) is a botnet client. Once infected with this bot, the machine can be used as a part of botnet to do various tasks on behalf of the botnet owners.
This variant of the Codbot family can be disinfected with the F-BOT tool, available from:
Disinfection & Removal
Allow F-Secure Anti-Virus to disinfect the relevant files.
For more general information on disinfection, please see Removal Instructions.