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I agree with FSUZeta's advice so I'm not sure what more I could add. But here goes.
First off, if you haven't already, ask him to postpone his decision until *the two of you* (you are his Big Brother after all) can work out a solution to the problem. That way, he still has responsible for his debt; but hopefully, he will not feel like he is alone in having to solve it.
Next, you may want to suggest some sort of payment plan. He should see if he can do one with the police or state troupers. If not, then check with the chapter. Most fraternities have some sort of guidelines for an unexpected hardship situation and they may apply to this situation. Or instead of flat out giving him the money, you (others, the chapter) may offer to loan him the money. However, if you do so, make sure that both of you are comfortable with the terms. You do not want something like money to cause any hard feelings between y'all. Since you originally offered to pay the ticket without repayment, you really shouldn't expect to get your money back in a timely fashion. Allow for some token payment per month for example.
And if none of those pan out, then as as was suggested, see if his pledgeship can be deferred. Again, this may classify as a hardship situation.
Finally, if he has to depledge, as FSUZeta noted, keep him involved with the chapter.
Best of luck.
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