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Police arrested the 27-year-old in Auckland late last week and he appeared in the Manukau District Court today.
He is charged with aggravated burglary and two charges of assault with intent to rob.
The accused was remanded in custody to reappear in February.
Another 27-year-old man appeared in Hutt Valley District Court on September 11 charged with Tolley's murder.
Detective Inspector Scott Miller said it was pleasing to bring another person before the courts, and police were continuing to pursue other suspects.
A year after Tolley's death police had said they had narrowed the suspect list to 12.
They were either directly involved in committing the murder, helped plan the attack on Tolley, or assisted the killers after the murder, police said on the first anniversary of the death.
The police investigation team had worked through more than 130 people of interest at that stage.
Tolley's mother previously told the Herald she had no doubt her daughter's killers would be caught.
She described her daughter as a beautiful, caring person who was "very much loved by so many".
"We miss Lois so much, this has devastated our family and her friends, they stole her future from her and all of us."