"My Chemical Romance" is in the market for a new drummer - the band just fired Their percussionist for allegedly jacking THEIR STUFF.

Moments after the band Officially 86'd Michael Pedicone - They Offered an explanation on Their website, saying, "He was caught red handed stealing from the band and confessed to police after our show [Saturday] night in Auburn, Washington."

MCR added - "The band has no intention of pressing charges or taking this matter than any Further We have to. We just want him out of our lives."

As for Michael - he does not deny having some issues with his former band mates - posting on his Twitter, "What happened is more complicated than it sounds but I did the make a mistake. It was never my intention to hurt this band or all of you."