COCAINE worth more than $1.5million and a number of guns have been found during a major investigation into organised crime activity at NSW sea cargo terminals.
Detectives from Operation Polaris seized four blocks of cocaine, weighing 5.2kgs and with an estimated value of $1.3million, and a large stash of anabolic steroids and cash at a home at Breakfast Point in Sydney's south on Wednesday night.
Soon after, cocaine worth more than $225,000 and three firearms - a six-shot 357 Magnum revolver, 15-shot semi-automatic Ruger pistol and 223 Ruger semi-automatic Carbine rifle - along with ammunition and a gun safe were allegedly found at another home near Hinchinbrook.
A 33-year-old man from Breakfast Point was arrested in his car at Merrylands.
He has since been refused bail
.Police will allege he has been importing and distributing large quantities of cocaine through the NSW waterways.
Operation Polaris involves officers from NSW and Federal Police, customs and border protection and the Australian and NSW Crime Commission.
Superintendent Peter McErlain said investigations were continuing into the illicit drug trade, money laundering, container theft and corruption at all water ports.
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