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AC/DC says drummer Phil Rudd's arrest in an alleged murder-for-hire plot will not affect the release of the band's long-awaited new album Rock or Bust, or their planned tour next year. 

A statement on the band's website says, "We've only become aware of Phil's arrest as the news was breaking. We have no further comment. Phil's absence will not affect the release of our new album Rock or Bust and upcoming tour next year."

The 60-year-old rocker was released on bail after a brief court appearance in New Zealand Wednesday.  He's accused of being involved in a plot to kill two men. Rudd is not allowed to have any contact with anyone involved in the alleged plot as part of his bail conditions. He is scheduled to appear again in court on November 27th, just days before the December 2nd release date for Rock or Bust - AC/DC's first album in six years.  

This is the second major personnel setback for AC/DC this year. Group co-founder Malcolm Young  was forced to quit the band this year after he was diagnosed with dementia. Founded in 1973, the Australian band is one of the highest grossing musical acts of all time.  AC/DC was inducted into the Rock and Roll Hall of Fame in 2003. 

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