Zachary Adams, 29, of Parsons was indicted by a special Decatur County grand jury Wednesday on charges of kidnapping and murder in the April 2011 disappearance of nursing student Holly Bobo.
We've been waiting since Friday for this announcement, but for this community and Bobo family, they've been waiting three years. It's some closure, but not the end for this tragedy.
The Tennessee Bureau of Investigation searched Adams' home in connection with the case late last week. That home is in the Holladay community, about 15 miles from Bobo's home near Parsons in rural West Tennessee.
"The Decatur County grand jury handed down an indictment of especially aggravated kidnapping and first degree felony murder on Zachary Rye Adams," TBI Director Mark Gwyn announced the charges against Adams at a news conference. He would not say what new evidence has come to light in the case.
It was an audibly heartbreaking conclusion in the three-year long search for the 20-year-old nursing student.
"Obviously this has weighed heavily on the community's mind and family for quite some time," said Todd McCall, SAIC FBI Memphis.
Six days after searching his home, Adams was arrested Feb. 28 in an unrelated case. He was indicted on Wednesday and is being held without bond.
"A lot of leads have been rung, a lot of evidence has been collected in the last week," Gwyn said. "You can say we put a full court press on based on information we gathered."
"Based upon evidence we have before us we also feel she was killed in the perpetration of kidnapping this the other charges of felony murder," Tennessee District Attorney General Hansel McAdams said.
The TBI exhausted manpower and resources since Bobo disappeared in 2011, waiting for this indictment.
"Feels good. Obviously General McAdams felt comfortable we had enough information that we could obtain an indictment and we feel good about that," Gwyn said.
But many questions still remain: Why did Adams do it? Where is Bobo's body? TBI said they cannot give that information, but say this development is a step forward.
"This is the first step we have to finding closure maybe to this tragedy that's happened in our county," said Decatur County Sheriff Roy Wyatt.
Adams has a 14-page rap sheet including numerous drug charges including meth manufacturing.
Agents said they still need more information from the community about this case, but most importantly they ask everyone to pray for Bobo's family.
Mary Beth Duke and Ann Smith embraced outside moments after the TBI news conference. The held out hope Bobo was still alive. Their hope was crushed when the first degree murder charge was announced.
"It's devastating. There are no words for how I feel right now."
Both Duke and Smith know the Bobo family. They helped search for Holly and helped keep her name and picture out there.
Those who showed up for the news conference hoped it wouldn't end like this.
"You don't think things like this happen in a small town. We all worship together, we all go places together, and do things together. Our kids play ball together go to church together. It's unreal."
Pink ribbons lined the main roads through Parsons for Holly, who lived just outside town.
"Pray For Holly Bobo" church signs around town have spread the message for three years, but it took on a different meaning Wednesday evening.
"Right now the biggest question we have is where's Holly and it's been answered. We may not know her exact whereabouts but I know she's singing with the angels. That's right."
TENNESSEE BUREAU OF INVESTIGATION NEWS RELEASE, update 7 p.m.
The Tennessee Bureau of Investigation has obtained indictments and an arrest in the case of the disappearance of Holly Bobo.
On April 13, 2011, Holly Bobo disappeared from her home on Swan Johnson Road between 7:40 a.m. and 8:00 a.m. TBI along with local and federal authorities, have spent several hundreds of manpower hours on this investigation.
DOWNLOAD: Read Decatur County grand jury indictments against Zachary Adams
DOWNLOAD: Zachary Adams criminal history
There have also been hundreds of ground and warrant searches conducted. There was a $25,000 reward offered from the community, an $85,000 reward offered from a government and private citizen reward fund, a $100,000 reward offered from a Memphis private citizen for a self‐surrender and lastly a $250,000 reward offered for Holly's safe return.
After receiving credible information which led to obtain search warrants for various locations last week, enough evidence and information was collected to prompt the District Attorney to solicit a special grand jury. This afternoon at 2:00 p.m., a special Decatur County Grand Jury convened to hear case presentation from a TBI Special Agent.
After the session, the grand jury returned indictments on Zachary Rye Adams, age 29 of Parsons, Tenn. He was charged with Felony First Degree Murder and Especially Aggravated Kidnapping. He is currently being held in the Chester County Jail with no bond for these charges. Adams was officially served this afternoon at the jail. The District Attorney General, Hansel McAdams will prosecute this case.
This investigation is still very active and ongoing. Evidence collected and leads developed from recent search warrant executions are still being examined. The possibility of additional suspects in this case exists. The motive and circumstances surrounding Holly's disappearance are still being investigated. Information from the public is still welcomed and encouraged. Anyone with information on this case, please call the TBI at 1‐800‐TBI‐FIND (1‐800‐824‐3463).
(Update 4 p.m.)
FOX13 BREAKING: Especially aggravated kidnapping & first degree felony murder against Zachary Adams.
Zachary Adams is being held without bond.
Holly Bobo was 20 when last seen on April 13, 2011 outside her home in Parsons in West Tennessee. Her brother told authorities he saw a man leading her into the woods.
Investigators searched Adams' home in connection with the case last week. It was about 15 miles from Bobo's home.
Adams was arrested Friday in an unrelated case and is in custody with no bond set.
Investigators and volunteers have scoured the town of about 2,400 people and the surrounding terrain where cow pastures, old barns, thick woods and dusty back roads comprise the landscape.
UPDATE at 3:30 p.m.
The Jackson Sun is reporting one sealed indictment.
Pink ribbons are on just about every home, street light and sign post in Parsons. Emotional day!S
UPDATE at 1:45 p.m.
The Decatur County grand jury meeting right now behind closed doors to consider indictments in the Holly Bobo case.
According to WSMV, "The grand jury and alternates were seated about 1:30 p.m. to review evidence presented by law enforcement officials."
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Watch the news conference here: LIVESTREAM
The Tennessee Bureau of Investigation is holding a news conference today at 4 p.m. in Decatur County.
According to WKRN Nashville, "a law enforcement source tells News 2 the briefing concerns charges leveled in the case."
According to WSMV.com, "they have learned a special grand jury will be empanelled Wednesday afternoon prior to a planned press conference by state and local law enforcement officials about the 2011 disappearance of nursing student Holly Bobo."
Members from the Tennessee Bureau of Investigation, the Federal Bureau of Investigation, the office of the 24Th Judicial District Attorney General, Hansel McAdams and the Decatur County Sheriff's Office will be present to conduct a short briefing of current developments in this investigation.
It's what we've been waiting for since Friday, and some have been waiting for, for three years.
Zachary Adams was arrested on unrelated charges Friday after police searched his property in connection to the disappearance of Holly Bobo. His bail was set at one million dollars.
DOWNLOAD: Zachary Adams Affidavit of Complaint
Bobo was last seen alive almost three years ago. Her brother says he saw her being dragged away by a man in camouflage.
Adams has not been charged with Bobo's disappearance.
FOX13's Sarah Bleau will be live. Watch the news conference here: LIVESTREAM
Tune into the FOX13 News at 5 p.m. for the latest developments.
The Associated Press and Will Nunley FOX5 Atlanta contributed to this story