Image Credit: Jean Baptiste Lacroix/WireImage.comThe Los Angeles District Attorney’s Office confirmed with EW that Lindsay Lohan has been charged with felony grand theft. The charge, which was filed Wednesday, stems from the actress’ alleged theft of a necklace worth $2,500 from a store in Venice, Calif. (The theft supposedly took place Jan. 22.) According to court papers, prosecutors are suggesting that bail for Lohan is set at $20,000. Lohan, who is on probation from a 2007 DUI arrest, could face three years in jail if convicted. (UPDATE: Lohan has pleaded not guilty to the charge. Judge Keith Schwartz revoked her probation — stemming from her 2007 DUI arrest — and issued $20,000 bond for the revocation and $20,000 for the grand felony theft charge. A hearing has been scheduled for Feb. 23.)

This past weekend, Lohan’s lawyer issued a statement maintaining the actress’ innocence. She has not immediately responded to EW’s request for comment. This is the latest of legal setbacks for the actress: After serving three months in jail for violating her parole last year, she tested positive for drugs. At the time, Judge Elden S. Fox informed her she could be sent back to jail for six months if she didn’t stay out of trouble.

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