ACT Policing executed two search warrants yesterday (Tuesday, 25 August 2015) at a residence in Chisholm and business in Phillip.
About 8.00am, members of the Criminal Investigations Crime Targeting Team executed two section 187 Drugs of Dependence Act 1989 search warrants after information was received from the public.
A male person of interest was present at the Chisholm residence and subsequently transported to a car detailing premises in Phillip as that search warrant was being executed.
Police located an extensive amount of property believed to be stolen and estimated to be worth in excess of $300,000. The items included power tools, collectable minted coins, household and personal items, jewellry and watches. A large quantity of wine and spirits was also located, one bottle worth in the vicinity of $4000.
The property is believed to be directly derived from a drug offence.
Investigations are ongoing.
Police are urging anyone who may have information that could assist police to contact Crime Stoppers on 1800 333 000, or via act.crimestoppers.com.au and quote reference number 5828686. Information can be provided anonymously.
(ACT Policing media release)