Police say 23-year-old Malicki is being held on suspicion of two counts of first-degree murder.
Authorities say 37-year-old David Brickert and 39-year-old Wesley Kampen were found dead at the scene Monday night near an apartment.
Police say the two men from Sanctuary Bail Bonds were there to take 25-year-old Anthony Brian Giunta into custody after he skipped on bail.
They say Giunta was handcuffed by the bondsmen before another Malicki allegedly fatally shot the victims.
Giunta and Malicki fled the scene, but police say Giunta was arrested hours later.
Giunta remains held on suspicion of misconduct with a weapon, aggravated assault and resisting arrest.
ABC15 spoke to members of Wesley Kampen's family about the killings and the arrest.
"We can't say we have peace but we have hope that we will soon have answers," said his sister Kara who lives out of town. Kara says Wesley served in the Military and was involved in martial arts.
"He was a very unique person," she said.
His cousin Zack Hoffer tells ABC15 that Wesley had overcome many diversities in his life including being homeless as a teenager.
Hoffer said that Wesley ran his own business prior to becoming a bail bondsman. He said that he loved his son and really was someone who had a big heart and would do anything for his family and those close to him.