LOS ANGELES (CNN) - A Los Angeles judge revoked actress Lindsay Lohan's probation in an existing DUI case because of a felony grand theft charge.
A jewelry store in Venice, CA, where Lohan lives, has accused the actress of stealing a "one-of-a-kind" $2,500 necklace on Jan. 22.
Wednesday's charge comes five weeks after Lohan was released from court-ordered drug rehabilitation and less than three weeks before a judge said he might free her from supervised probation from the 2007 drunken driving conviction.
Lohan waived her right to a preliminary hearing in Los Angeles Superior Court, thereby entering a not guilty plea for the theft charge.
Judge Keith Schwartz set two bonds at $20,000 each - one for the felony theft charge, the other for the probation violation.
Schwartz warned the actress that her new situation is serious, as she is facing a felony and could be back in jail if she violates the law again.
"What I am telling you is that you need to follow the law just like everybody else," he said. "Look around this room. Everyone in this room has to follow the law: the court, the DA, your attorney, the sheriff's deputies, everybody. You are no different than anyone else."
Lohan showed up on time for her court proceedings to a crush of media, wearing a fitted white dress, her hair pulled back in a ponytail. She was also wearing dark shades.
According to a statement released by the district attorney's office, "The [jewelry store] owner reported the theft to the Los Angeles Police Department, which investigated the allegation and presented evidence to the D.A.'s office last week."
Police said the necklace was handed over to them as they were to execute a search warrant to look for the jewelry in Lohan's Venice apartment last week.
Under California's grand theft law, the prosecutor must prove that Lohan intended to steal the jewelry and carried it away from the store.
The penalty for a felony grand theft conviction ranges from 16 months to three years in a California state prison, varying based on the value of the property stolen and the criminal record of the defendant.
Shoplifting offenses are charged as petty theft if the property taken is valued at less than $950. Police said the store owner claims the necklace was worth $2,500.
Schwartz could reduce the charge to a misdemeanor, which would carry a prison sentence of no more than one year.
In the meantime, Schwartz told Lohan not to push her luck.
"Because I am telling you … Well your attorney can tell you what I said," he said. "But I am telling you things will be different. Do you understand what I am telling you?"
Schwartz told Lohan to stay away from the jewelry store that has accused her of the theft.
Lohan will be back in court for another hearing on Feb. 23.
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