Baby No. 3 on the Way for Bo Bice

Randi Radcliff

There will be two American Idol debuts to look forward to in January — the premiere of season nine and a new arrival from alum Bo Bice!

The season four runner-up announced wife Caroline‘s pregnancy on Friday evening at a fan club gathering in Nashville.

“American Idol has a new winner each year — seems things are the same in our house,” Bo, 33, tells PEOPLE. “Can’t wait to introduce our new little ‘Idol’ to the world January 31st!”

The latest addition will be the third child for Bo and his wife, who are also parents to sons Caleb James, 9 months, and Aidan Michael, 3 ½. The couple have been married four years.

On tour throughout the summer, the rocker will open for Lynyrd Skynyrd in August.

Source: PEOPLE

— Reporting by Anne Marie Cruz and Randi Radcliff