court felony necklace

Lindsay Lohan has been released from police custody after posting $40,000 bail this afternoon, and the actress has just left the Airport courthouse in Los Angeles. Though Lohan is a free woman for now, Judge Schwartz warned the starlet if she breaks the law again she will be remanded without bail, which means she'll go back behind bars.

Judge Schwartz set Lohan's bail for the theft charges at $20,000, but an additional $20,000 for a possible probation violation was added to the amount for a total of $40,000. Lohan's next hearing is scheduled for February 23.

Shawn Chapman Holley and District Attorney Danette Meyers are reportedly meeting to reach a possible plea bargain, and Lohan's fifth career mugshot is expected to be released this afternoon.

Click after the jump to see the media frenzy Lilo caused when she arrived...