Police have simultaneously raided 10 properties, in an operation they say dismantled a major Canberra drug syndicate.
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Officer seized an alleged $200,000 worth of cocaine, amphetamines, ecstasy and steroids in the raids
Police said the search warrants were carried out across north Canberra from 1.30pm Friday.
"During the search police located and seized 728 grams of cocaine, an amount of crystalline substance suspected to be methylamphetamine, tablets suspected to be MDMA (ecstasy), steroids, drug paraphernalia, two motor vehicles and a sum of cash. The potential street value of the drugs seized is about $200,000," they said in a statement.
They have charged a 28-year-old Canberra City man with cocaine trafficking and he is expected to appear in the ACT Magistrates Court on Saturday.
Detective Station Sergeant Steve Hogarth said investigations were still going, but the operation had prevented a "significant amount of drugs from reaching the ACT community".