To reproduce:

LightVisualElement caption = new LightVisualElement();
caption.MinSize = new Size(150, 20);
caption.DrawText = true;
caption.DrawImage = true;
caption.TextImageRelation = TextImageRelation.ImageBeforeText;
caption.Text = "My Application";
caption.Image = Image.FromFile(@"..\..\delete.png");
caption.ShouldHandleMouseInput = false;
caption.NotifyParentOnMouseInput = true;
caption.ImageLayout = ImageLayout.None;
caption.ImageAlignment = ContentAlignment.TopLeft;
caption.TextAlignment = ContentAlignment.TopLeft;
this.radRibbonBar1.RibbonBarElement.RibbonCaption.CaptionLayout.Children.Add(caption);