That’s the word, according to Jerry Meyer of Rivals.com. Like Devin Ebanks, Holloway had an agreement with IU to be released from his Letter of Intent if a coaching change was made or the school was placed on NCAA probation. Shortly after he signed with Indiana, I talked with one scout who told me he was skeptical about Holloway’s ability to be an impact player in the Big Ten. According to this scout, Holloway was the fourth most valuable of the signees. I’ve also heard rumblings that Holloway’s jump shot was going to need quite a bit of work. With that said, you never like to lose a player given the circumstances but I’m sure IU will be just fine without the services of Terrell Holloway.