I think isolating the tree from the others is important. You may have to kill it, but I'd give it a very hot bath for a very long time first. 120 degrees submerged for maybe an hour. I think... not sure...that this would kill larvae, destroy adults and eggs. I am sure it won't kill your tree, but the beetles will! I'd be inclined to dump a bottle of alcohol (not good wine) in that bath also, and maybe some Imacloprid and soap. Isolate the tree, watch the others, and see if it can recover. You still see bugs, you will have to let that tree go.
Just a note here. We used to live in the low desert where temps often hit 120 degrees F. My figs were fine with this heat. I had one in a container and it stayed alive with 1 or 3 leaves for 3 years. Finally Jon told me I was frying it's roots in that container! Wow! Imagine, if the outside temp is 120 degrees, how hot those poor roots got in that pot!! The fix was to move it to shade, douse it with water 3 times, then put diluted miracle grow on it. That tree came from a cutting from UC davis, and it did have FMV. After it's roots cooked, no more FMV. It was a perfect clean tree! But it suffered a sad demise when it caught a whiff of spray paint from workers on this house. Sadly, I couldn't save the tree from chemical destruction, but you can try to save yours!
If I had a Sicilian Red, I'd gift it to you. Many here have it, and an offer may come.
Suzi