Lindsay Lohan isn't getting slapped with a felony grand theft charge or thrown in jail for up to three years. At least not just yet.

Despite contradictory reports, no charges were filed against LiLo Monday in connection with the disappearance of a $2,500 necklace from a Venice jewelry store. The starlet's lawyer, Shawn Chapman Holley, issued a statement over the weekend that said: "We vehemently deny these allegations and if charges are filed, we will fight them in court, not in the press."'

Now according to RadarOnline.com, a source claims "Lindsay's fate won't be decided for at least a day or more. The case is still under review, and Danette Meyers (the prosecutor in this case) is still deciding what charges, if any, Lindsay will be facing."

Lindsay's attorney, Shawn Chapman Holley, reportedly "had a very productive meeting with Meyers. Shawn had to leave town overnight (Monday) for business, and it's unlikely that Danette would charge Lindsay while Shawn was out of town. Shawn will be back in town (Tuesday) night."

It's even possible that this time, our favorite 'Mean Girls' starlet might just be off the hook. "Lindsay has a legit explanation," a source explained. "She was loaned the necklace. This happens all the time in the celebrity world."