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.

It is with heavy hearts that we write this letter to our fans and the media. We want to make sure that everyone is aware that our guitarist, Michael Pedicone, was caught stealing from the band on Monday, April 8th, 2013. He is no longer with us and has been fired from the ... band. Our focus is now on the future.