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Auk held eel out to be punished below decks (10)

Ross

I believe the answer is:

keelhauled

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'be punished below decks' is the definition.
I can't judge whether this defines the answer.

'auk held eel out' is the wordplay.
'out' indicates anagramming the letters (out can mean wrong or inaccurate).
'auk'+'held'+'eel'='aukheldeel'
'aukheldeel' with letters rearranged gives 'KEELHAULED'.

'to' is the link.

Can you help me to learn more?

(Other definitions for keelhauled that I've seen before include "down in the main" , "Punished beneath a ship" .)

I've seen this clue in the Sydney Morning Herald.
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