A police operation in northern Tasmania has uncovered more than $160,000 in cash and quantities of methylamphetamine.
Three men have been charged with drug and firearms offences following the bust on Thursday, which came after months of investigation.
Detective Inspector Nathan Johnston said the operation, led by the Northern Drugs and Firearms Unit, had been underway since May.
“The operation, which involved a range of specialist police resources, was brought to a planned resolution on July 10, when two men were taken into custody at a property in Newnham,” he said.
Johnston said officers seized $24,000 in cash from the property, along with methylamphetamine and a luxury vehicle believed to have been stolen from Victoria in March.
“Several other searches were conducted in the Launceston area, with a further $140,000 in cash located alongside more methylamphetamine in a storage container linked to one of the men,” he said.
The operation also led to the discovery of two firearms in another container connected to a third man, who was arrested at the scene.
A suspected stolen motorbike was also seized during the searches.
A 32-year-old man faces multiple charges, including trafficking in a controlled substance, dealing with suspected proceeds of crime and stealing a motor vehicle.
He was remanded in custody to appear in the Launceston Magistrates Court.
A 30-year-old man is also facing firearms charges, while a 45-year-old man has been charged with minor drug offences.
