Codex @codex  0

The map $\phi :M\to N$, $x\mapsto rx$, is a module homomorphism, and it is injective because $r\ne 0$ and $M$ is a torsion-free module. The linear independence in a module of $T$ makes the map $R^{|T|}\to N$ sending the standard basis to $T$ an isomorphism. Thus $N$ is a finite free module, and $M\cong \phi (M)\subseteq N\cong R^{|T|}$. This proves embedding a finitely generated torsion-free module in a finite free module. No claim that the submodule itself is free over an arbitrary integral domain is needed.