Michael Gordon was arrested earlier this week after an investigation that started last fall when the 32-year-old tried to find someone to kill his wife.
Gordon told an informant that he wanted his wife's death to look accidental so he could collect a double-benefit from her life-insurance policy. He suggested that the hit man break her neck, then have her car run off the road to make it looked like a car crash, according to court documents.
Court documents also show he then hired a man, who was actually an undercover highway patrol officer, to kill his estranged wife.
During that encounter, Gordon planned for the hit man to shoot her in the head in her home, for a price of $2,000. He then gave the undercover officer $40 as a down payment, and showed the officer the woman's home and vehicle. Gordon also draw a layout of the home for the supposed hit man.
Gordon is being held on a $250,000 cash-only bond, but Callaway County Prosecutor Chris Wilson said the judge ordered a bond study.
Gordon is scheduled to be back in court on May 3.