Ms Hindes and Bayswater man Shane Cochrane were arrested in Officer in Melbourne’s outer south-east on Tuesday afternoon and were taken to Dandenong police station for questioning.
Mr Cochrane, 37, remains in custody.
Police allege that Monash University student Nisali Perera, 20, was thrown 20 metres and left for dead after she was hit by a dark-coloured Mazda station wagon on Wellington Road in Clayton about 9.45pm on Thursday.
She was crossing the road on a green pedestrian light, police say.
Described as independent and free spirited, Ms Perera was the only child to her Sri Lankan parents.
Speaking to reporters on Monday, Detective Inspector Stuart McGregor described Ms Perera as “a wonderful person, living a wonderful life”.
“She died at the scene and unfortunately that’s the end of the only child her parents have. They were so proud of her and the fact that she had made her way to Australia – an Australia that she’d loved, and loved the way we live here in Australia,” he said.
On Monday, after “exhaustive” inquiries, police released images of Mr Cochrane and Ms Hindes.
Police allege the station wagon appeared to run a red light at “significant speed” and hit Ms Perera as she was crossing the road on a green pedestrian signal outside the university’s Clayton campus.
Detective Inspector McGregor said the driver of the Mazda abandoned it about 500 metres away on Wellington Road before he and the passenger fled on foot.
with Yan Zhuang
Charlotte is a reporter for The Age.