Latest: A 42-year-old man arrested as part of a "significant" CAB operation in Limerick has been released without charge.
A file will be prepared for the Director of Public Prosecutions, said gardaí in a statement.
Earlier (12:33pm): Man arrested following 'significant' CAB operation in Limerick
High-end cars, a Harley Davidson motorbike and cocaine were seized after six premises were searched in Limerick city and county this morning.
Five homes and a business were searched by officers from the Criminal Assets Bureau (CAB) investigating a member of a crime gang involved in drug dealing.
Three cars were seized in the operation: 151 Audi A6, 151 VW and 131 Range Rover Sport.
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.
Gardaí have described this morning's operation as significant.