A 14-year-old boy is being held on $1 million cash bond after being arrested in connection to the death of a 10-year-old Wisconsin girl whose body was found earlier this week, according to a county prosecutor.

Iliana “Lily” Peters was allegedly strangled and sexually assaulted by the juvenile suspect, whom officials with the Chippewa Falls Police Department say knew the girl, before the attack. The suspect had punched the girl in the stomach before knocking her to the ground, bringing her to “the point of death” before sexually assaulting her, Chippewa County District Attorney Wade Newell said.

"Given the statements the defendant made to law enforcement, that his intention was to rape and kill the victim from the get-go when he left the house with the victim going down the trail, the state believes there is a need to protect the community,” Newell said in a court hearing Wednesday.

JUVENILE SUSPECT ARRESTED IN CONNECTION TO DEATH OF WISCONSIN GIRL FOUND IN WOODS

Peters's father reported her disappearance Sunday night when she didn't return home from a visit to her aunt’s house, police said. Officers found a bicycle in the woods near a walking trail, where her body was later found and identified Monday. Police then started an investigation into the death, which ended in an arrest Tuesday evening.

The police department had issued a “high alert” warning to parents in the Chippewa Falls Area Unified School District, although authorities noted there was no need for a lockdown.

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The boy is currently being held in a juvenile detention center, according to officials. If the bond is posted, the suspect will be barred from possessing any weapons and must stay away from other juveniles who are not his siblings.