Police are investigating following the seizure of approximately one kilogram of cocaine during a traffic intercept on the Bass Highway near Deloraine yesterday morning.
Police observed a vehicle driving erratically and intercepted it at approximately 8.45am. During a subsequent search of the vehicle, officers located a kilogram of cocaine concealed inside a bag.
The occupant, a 34-year-old man from the Launceston area was taken into custody and later charged with serious drug and firearm offences.
Investigators subsequently executed a search warrant at a residential property where they allegedly located evidence relating to drug offences, a quantity of ammunition, and a stolen firearm.
Police will allege the firearm has been linked to an aggravated burglary reported in Beaconsfield earlier this year.
The man was detained to appear in the Launceston Magistrates Court today and investigations remain ongoing.
Anyone with information relating to illicit drug activity is encouraged to contact police on 131 444 or Crime Stoppers on 1800 333 000 or via crimestopperstas.com.au. Information can be provided anonymously.
