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Lindsay Lohan Update: Store where alleged necklace theft occurred vows to release surveillance footage

Lindsay Lohan arrives at Los Angeles Superior Court, Wednesday, Feb. 23, 2011, where a judge could decide whether an allegation that the actress stole a $2,500 necklace can be resolved without going to trial. The "Mean Girls" star has pleaded not guilty to a count of felony grand theft over the necklace, which was taken an upscale jewelry store in the beach side community of Venice. (AP Photo/Reed Saxon)
AP Photo/Reed Saxon

Lindsay Lohan Update: Company Owned by Infamous Jewelry Store Released Surveillance Video
Lindsay Lohan arrives at Los Angeles Superior Court, Wednesday, Feb. 23, 2011.
AP Photo/Reed Saxon
(CBS) - The controversy surrounding Lindsay Lohan and the case of the stolen necklace continues to swirl, amid anticipation over the promised release of surveillance video and still images of the actress purportedly shopping in the California jewelry store which accused her of felony grand theft.

Christopher Spencer, a representative for Kamofie & Co., the Venice jewelry store accusing the 24-year-old actress of shoplifting a $2,500 one-of-a-kind necklace, stated Sunday that due to media speculation, The Spencer Co. has decided to stream portions of the video on to dispel  wild rumors that have been making news headlines, reports E! Online.

"Many individuals want to be able to see the video streams from the jewelry store's surveillance cameras, and we have obtained the exclusive license for them. The tapes speak for themselves," The Spencer Co. of Beverly Hills said on its website.

Spencer told RadarOnline that there is no profit motive for releasing the video, but that they wanted set the facts straight and decided to work with the Associated Press so that "legitimate journalists and news outlets could access the video."

"There were literally thousands of media inquiries asking for the release of the video which is not secret evidence. The video would have been released during the trial anyway, as was stated by several prominent criminal attorneys."

Although the website has not yet posted the video, Entertainment Tonight obtained stills of the surveillance footage from the Associate Press and plans to broadcast the images Monday, says RadarOnline.

Lohan pleaded not guilty to felony grand theft in February and is due back in court Thursday.

Click here for complete coverage of Lindsay Lohan on Crimesider