Ocean Alley keyboardist Lachlan Galbraith apologises after he was caught on CCTV shoplifting $17.95 bottle lid from New Zealand store – following purchase of $2.35million home in Byron Bay

Lachlan Galbraith has issued a heartfelt apology after he was caught stealing from a sports shop.

The Ocean Alley keyboardist grabbed a bottle cap worth $17.95 from the Hunting and Fishing store in Queenstown, New Zealand and was caught red-handed on CCTV.

“Good to see the boys in town for their performance @rhythmandalps tonight…. Unfortunately, it seems like there was just a little too much 'Trust' in store today,” the store said in an Instagram post that has since been deleted.

“We realize hydration is important, so don't worry, just bring the @yeti_nzl Chug Cup back tomorrow before you leave town.”

After being publicly called out by the store, which shared a photo of the CCTV footage, Lachlan posted a message on his band's Instagram page to apologize.

Lachlan Galbraith (pictured) has issued a heartfelt apology after he was caught stealing from a sports shop

“Yesterday, out of complete foolishness, I stole the lid of a drinks bottle from Queenstown Hunting and Fishing,” he said in the clip.

“It is a moment that I am not proud of and for which I deeply regret and regret. I apologized directly to the store's team and we resolved the situation.

'I'm sorry I disappointed our fans, the store and of course the band. My actions do not reflect how we behave as a band.”

It is understood Lachlan or his team returned to the store to pay for the stolen item.

The Ocean Alley keyboardist grabbed a bottle cap worth $17.95 from the Hunting and Fishing store in Queenstown, New Zealand and was caught red-handed on CCTV

The Ocean Alley keyboardist grabbed a $17.95 bottle cap from the Hunting and Fishing store in Queenstown, New Zealand and was caught red-handed on CCTV

It comes after the six members of Ocean Alley bought a property near Byron Bay on NSW's far north coast.

The Happy Sad hitmakers bought the seven-bedroom, five-bathroom ranch-style property in Middle Pocket for $2.35 million, The Daily Telegraph reports.

The tropical retreat covers eight hectares and is located in the Northern Rivers area, approximately 22km inland from the city of Byron Bay.

Ocean Alley is an alternative psychedelic rock band from Sydney's Northern Beaches.

Ocean Alley is an alternative psychedelic rock band from Sydney's Northern Beaches

Ocean Alley is an alternative psychedelic rock band from Sydney's Northern Beaches

The band consists of Baden Donegal (vocals, guitar), Angus Goodwin (lead guitar), Lach Galbraith (keyboard, vocals), Mitch Galbraith (guitar), Nic Blom (bass) and Tom O'Brien (drums).

The group is currently on an international tour and will perform in Wellington and Whangamatā this week.

They will then embark on an Australian tour before moving on to North America and Britain.

The band released their latest single Home on September 14, ahead of the release of their new album Low Altitude Living on October 14.

The band consists of Baden Donegal (vocals, guitar), Angus Goodwin (lead guitar), Lach Galbraith (keyboard, vocals), Mitch Galbraith (guitar), Nic Blom (bass) and Tom O'Brien (drums).  All depicted

The band consists of Baden Donegal (vocals, guitar), Angus Goodwin (lead guitar), Lach Galbraith (keyboard, vocals), Mitch Galbraith (guitar), Nic Blom (bass) and Tom O'Brien (drums). All depicted