No. Parole is early release from prison, contingent upon a promise of lawful behavior for a determined period of time. Those that abuse the system risk return to prison to finish their sentence. It sets up a circumstance where a minor offense can cost the parolee years in prison. It motivates them to either straighten up and fly right, or avoid arrest by whatever means are at hand. From what Ive seen lately, it should be eliminated. Im reminded of a case (in California, I believe) of an idiot who was looking at a life sentence under a three-strikes law. His crime: stealing a slice of pizza. Some people are too stupid to be on the street.
I know what parole is, but what you describe are the criminals being arrested and being released immediately with no bail before the ink is even dry on the arrest documents. That being said parole has its problems as well, but the program is geared towards people who were not involved in hardcore crimes, like drug usage. So I think you are really confusing the two separate issues.