ET confirms the news that Hulk Hogan's son Nick Bollea is being released from jail on Oct. 21. People magazine reports that his release date is three months early, with credits for good behavior and working. A source tells People the early release is standard for all inmates.

"They automatically get credits towards early release, and if they don't do anything bad while they're here, they get to use the credits," a jail official who did not want to be identified told People

Previously, ET reported that Bollea was sentenced to eight months in jail. He was taken directly from the courthouse to the jail to begin serving his sentence immediately.

Bollea's charges stem from a nearly fatal August 26, '07 crash that left his friend John Graziano III on life support. Graziano now requires lifelong care.

At that time, Bollea entered a plea of "no contest" on charges of felony reckless driving in a Florida courtroom and was also given five years probation and 500 hours community service.