By Sara QuamA Luverne man accused of theft and possession of stolen property is out on bond. Terry Hoffman, 37, has pleaded not guilty to the seven charges of grand theft against him in South Dakota. He hasn’t entered a plea in Rock County, but charges are pending here for 12 counts of possession of stolen property.He is in Luverne now, but signed a waiver of extradition to return to South Dakota for upcoming court dates in Minnehaha County.Hoffman was arrested Dec. 8 when three search warrants uncovered allegedly stolen items such as snowmobiles, a boat, a pickup, a sport utility vehicle, a camper, an all- terrain vehicle, a trailer and vehicle parts.When questioned, he allegedly admitted to investigators that he possessed the items and knew they were stolen.Hoffman owns a vehicle restoration business and was publisher of Vintage Snowmobile magazine.The initial tip came Oct. 22 from Brandon, S.D., where a suspicious Chevy Tahoe of Hoffman’s was being stored at the home of his brother and sister-in-law, Randy and Joni Hoffman.The ongoing investigation and initial search warrants included personnel from the Rock County Sheriff’s Office, Sioux Falls Police Department, Brandon Police Department, Minnesota State Patrol and National Insurance Crime Bureau.