I absolutely disagree with the above statment that kole tangs are very passive - that is not my experience at all!! I have 220 reef and the kole is my tank bully! I have a naso and a yellow tang that are more than twice his size and he picks on them! All fish in the tank give him a wide path because he is such a meanie - I also have a coral beauty but luckily he was a resident before the kole, with developed territory and able to hold his own - his size is large enough and he is fast enough to contend with the kole.
Some advice - first of all, lights out, for several hours at least. Then I definitely agree with rearranging the tank - and not just a little, but as drastically as you can stand. Then watch for damage to the coral beauty - perticularly punctures from the kole's spine. It's not a bad idea if you have a separator of some kind to use it - I have a tank divider that I put in from time to time in the form of a large white mesh laundry bag - it distracts all the fish - they are too busy checking it out to fight - and I can divide the tank up a bit so the new resident can get used to some of the surroundings without trauma. Just be careful if you try this that no one gets tangled in the mesh - and don't leave it indefinitely.
Good luck...and post up the progress....I have had my kole and coral beauty together for about 7 months now and all is well....I just know with this kole, I can't add any fish without some stress and trauma - heck, he even picks on shrimp and crabs!