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Despite the reduction of her felony grand theft charge to a misdemeanor offense, Lindsay Lohan was sentenced to jail for the umpteenth time on Friday after Judge Stephanie Sautner ruled that she violated the terms of her probation.

The actress, who is free on bail pending appeal, is NOT pleased.

“Obviously, she is very upset about [being sentenced to four months in jail],” says producer Nathan Folks, a close friend of hers. “But she’ll be fine.”

Lindsay is said to be increasingly frustrated with the status of her jewelry theft case, which she maintains has been a misunderstanding throughout.

A jury might agree with her, but a judge has authority to revoke probation (Lohan is STILL on it after a 2007 DUI arrest) and Sautner did just that.

Lohan was sentenced to 120 days in jail and a hefty 480 hours of community service, which Folks admits was a “setback” for his actress buddy.

 
“She is angry because she has been working so hard lately on turning her life around,” says Folks, who insists Lindsay Lohan is clean and sober.

“She didn’t do what they say. She didn’t steal that necklace.”

She was allowed to post bail and released within hours of getting booked, and as of now, Lohan remains free pending an appeal of the sentence.

Legal experts say she has slim chance of winning that, though, because by all accounts, grounds for ruling she violated probation have been met.

Still, Lohan is reportedly resigned to accept whatever decision comes down from the court when her trial for misdemeanor theft begins June 3.

“She is ready to do her time. She wants to go to A.A. and N.A. and to serve her [more than] 400 hours [of community service],” Folks says.

“She has already been doing lots of charity work.”

What do you think of Lohan’s jail sentence?

[Photo: Pacific Coast News]