In this digital world, huge amount information exchange takes place due to enhanced facilities of networking. Therefore it is necessary to secure the information which we transmit. The need for secured communication introduces the concept of Steganography. Steganography, the word itself indicates that information within information; it is the best technique to hide the secret information by using cover objects. Secret information may be a text, image or an audio file. But as per secret information format there are different steganographic techniques are available. This paper proposes a method of audio steganographic system that provides a unique platform to hide the secret information in audio file though the information is in text, image or in an audio format. So there is no need to go for different techniques of steganography as per information format. Many steganographic methods follow the LSB insertion technique to hide the secret information. But there are many statistical techniques available to determine if a stego object has been subjected to LSB Embedding. The proposed system hides secret information in audio file through random based approach and provides security by using PKE algorithm. This paper focuses on combining the strengths of cryptography and steganography for secured communication.