Additionally, Maury County Public Schools will remain closed on Thursday.
Investigators currently perceive this incident as isolated, based on available information.
Hollis faces charges of first-degree murder and armed criminal action.
Two other men involved in the altercation were shot and subsequently treated at a nearby hospital, according to authorities.
Investigators are working to determine what led up to the shooting.
The victims have been identified as Dre'von Riley,17, Jakobe Fanning, 17, Caleb Wise,16.