Published: Feb 07, 2014 12:16 PM EST

LEE COUNTY, Fla.- The suspect accused in the death of a homeless man will stay in jail for the time being.

James Vaughan is facing murder charges for the death of Martin Eelman. Today, a judge denied him bond.

Detectives found Eelman's body Wednesday afternoon in a field behind the Reliance Bank on Lee Boulevard in Lehigh Acres.

According to the arrest report, Vaughan admitted he beat and stabbed the victim with one of his pocket knives.