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A 14-year-old is being held on a $1 million cash bond in connection with the death of 10-year-old Iliana “Lily” Peters. The defense had asked for a $100,000 cash bond.

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The Chippewa Falls, Wisconsin preteen was reported missing Sunday evening and was found dead Monday morning, WEAU reported.

Her father had reported the fourth-grader missing when she didn’t come home from her aunt’s home, which is a few minutes away from her home. Her bicycle was found in the woods near a walking trail. Her body was found along the same path, the “Today” show reported.

The 14-year-old boy, identified only as C. P-B, is charged with first-degree intentional homicide, first-degree sexual assault resulting in great bodily harm and first-degree sexual assault of a child under the age of 13 resulting in great bodily harm.

The boy is not allowed any contact with children, cannot possess any dangerous weapons and can only have supervised contact with his siblings, as conditions of his bond.

District Attorney Wade Newell asked for the million-dollar bond after he said in court that the suspect told law enforcement that he intended to rape and kill Lily when he left with her, WEAU reported.

The teen told police that he punched the girl, knocked her down, and hit her with a stick before strangling her to “the point of death” and then sexually assaulting her, The Associated Press reported.

The two juveniles knew each other prior to Lily going missing, the “Today” show reported.

The rest of the criminal complaint has been sealed.

The 14-year-old will be tried as an adult but is being held in the Eau Claire Juvenile Detention Center. Two of the three charges filed against him carry a sentence of up to life in prison.