GWENT Police have carried three warrants at homes in Newport and Caldicot in connection with drugs and money laundering investigations.
The raids took place at an address in Oakley Way, Caldicot, and at two addresses in the Somerton area of Newport at around 6.30am on Friday, April 20.
A spokesman for Gwent Police said: "A man, aged 34, from the Newport area, was arrested on suspicion of being in possession of criminal property.
"He was later released pending further investigation."
Police seized a total of two vehicles, two mopeds, a number of high-value bicycles and a small amount of drugs from the three addresses.
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