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Beady Eye guitarist Gem Archer is in stable condition after suffering severe head trauma. 

The band released a statement Monday explaining that Archer was hospitalized following an accident that occurred last Thursday.  The rocker - who also played with Oasis - remains under observation in the hospital, and Beady Eye have canceled this week's shows in Belgium and Japan. 

The statement goes on to thank fans for their messages of support on behalf of Archer's family, friends, and bandmates. 

Beady Eye, which also includes Liam Gallagher and other former Oasis members, released their second album, BE, earlier this year in the U.K.  The record has yet to receive an official release in the U.S. 

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