My Chemical Romance drummer Michael Pedicone has been fired from the group after he was "caught red-handed stealing from the band".

Pedicone joined the band for their ongoing US tour with Blink-182 after their previous drummer quit in March.

The band have confirmed that the tour will go ahead and they will still be recording their next album.

Yesterday, guitarist Frank Iero released a statement claiming that the band has been left heartbroken by the whole ordeal.

He said: "The relationship between My Chemical Romance and Michael Pedicone is over.

"He was caught red-handed stealing from the band and confessed to police after our show last night in Auburn, Washington.

"We are heartbroken and sick to our stomachs over this entire situation. The band has no intention of pressing charges or taking this matter any further than we have to. We just want him out of our lives."

Pedicone took to his Twitter page to try and clear up the situation, saying: "What happened is more complicated than it sounds but I did make a mistake. It was never my intention to hurt this band or all of you.

"It was an error in judgement based on a whole other situation that's way deeper but this does not define me."