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UPDATE: Zachary Adams has been arrested for the kidnapping and murder of Holly Bobo.

Read more HERE

(Decatur County, TN) A sealed indictment has been handed to a judge in the missing persons case of Holly Bobo according to WTVF-TV.

The grand jury has meeting at in Decatur County, TN for the last hour.

This comes as a news conference has been scheduled at 4:00 p.m. related to the missing persons case of 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.

Holly Bobo was last seen at her home on Swan Johnson Road April 13, 2011.

Rewards have been offered from government and private citizens, which total $460,000.

Investigators say, “Hundreds of ground searches have been conducted as well as hundreds of search warrants.”

News Channel 3’s Katie Rufener will be at the news conference.

Last week, the owner of property searched Friday in connection to the Holly Bobo case was charged with aggravated assault.

An affidavit from February 6th says Zachary Adams held a black revolver to his Amber Bray’s head and threatened to kill her.

He also pulled a knife on Bray, who is his girlfriend’s sister, and threatened to “gut” her.

He is charged in Decatur County, but is being held in Chester County.

Sources say the transfer was due to overcrowding at the facility in Decatur County.

Adams is no stranger to courtrooms and, as WREG uncovered, no stranger to violence.

His criminal record includes charges for drugs, domestic violence and assault.

His mother, Cindy Adams, said an unrelated TBI investigation on his property into the disappearance of Holly Bobo is uncalled for.