Jolly was charged with possession of a controlled substance after being arrested early Friday morning.
Police say officers found a bottle containing 600 grams of codeine and another containing an unidentified substance under the front seats of Jolly's car.
Carl Moore, Jolly's attorney, says his client is innocent.
Jolly was suspended by the NFL without pay for all of last season for violating the league's substance abuse policy related to a separate 2008 drug arrest in which officers said he also had codeine.