Hey there,
You could hide it with this CSS:
.entry-meta{display:none}
There is a chance that the theme has a CSS field in the options, if not then you can make a child theme:
http://codex.wordpress.org/Child_Themes
http://premium.wpmudev.org/blog/create-wordpress-child-theme/
Or you can instead use a plugin if you like:
http://wordpress.org/plugins/custom-css-manager-plugin/screenshots/
http://wordpress.org/plugins/my-custom-css/screenshots/
http://wordpress.org/plugins/pc-custom-css/
http://wordpress.org/plugins/imporved-simpler-css/screenshots/
There is another option which involves removing the original code, again this should be done in a child theme.
/padhand/content.php
/padhand/content-single.php
/padhand/content-search.php
/padhand/content-link.php
These all appear to use the entry-meta class, they contain a function called padhang_posted_on(). You could simply remove those within your child theme. They look like this:
<div class="entry-meta">
<?php padhang_posted_on(); ?>
</div><!-- .entry-meta -->
Have a fantastic day! 🙂