A Sydney man has been charged after police discovered more than $2 million worth of cocaine in blocks stamped with the Australian Federal Police logo.
The NSW Police Organised Crime Squad and the NSW Crime Commission had been investigating an alleged criminal syndicate supplying cocaine across Sydney.
Their probe led them to stop a tow-truck carrying a Nissan at Oatlands in the city’s northwest at lunchtime on Wednesday.
Detectives found 4kg of cocaine hidden in the car in packets stamped with the AFP logo.
Police arrested a 42-year-old man shortly afterwards in a Northmead carpark before raiding homes in Zetland, Thornleigh, Holroyd and Northmead.
Police say officers found an additional 1.5kg of cocaine, a hydraulic press and a metal stamp of the AFP logo at the Northmead property.
Police will argue the logo was used to brand the blocks of cocaine, worth $2.2 million.
Police also seized more than $40,000 in cash, documentation, ammunition and electronic devices.
The Northmead man is facing four drug supply charges, a proceeds of crime charge and an ammunition charge.
He has been refused bail and will appear at Parramatta Local Court on Thursday.
AAP
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