High end cars, a Harley Davidson motorbike, and cocaine were seized after 6 premises were searched in Limerick city and county this morning.
5 homes and a business were searched by officers from the Criminal Assets Bureau investigating a member of a crime gang involved in drug dealing.
Financial documents, phones and laptops as well as drug dealing equipment were also discovered.
A 42 year old man has been arrested and is being detained at Henry Street garda station.
Gardai have described this morning's operation as significant.