Officers carried out a warrant at a property in Leagrave Road, Luton on Wednesday, June 17.
Police seized a large quantity of suspected bulking agent (powders added to drugs so they are 'street level' purity), which is commonly mixed with other Class A drugs and is considered a controlled Class A drug in its own right.
A large amount of cash as well as other drug paraphernalia such as deal bags and scales were also recovered.
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Two men were arrested at the property and have now been released under investigation, pending further enquiries.
Detective Constable Tracey Litchfield said: “Drugs underpin some of the most serious crimes in our communities.
“Organised crime is a scourge on our society, exploits vulnerable people and allows these criminal networks to line their own pockets.
“We will continue to carry out proactive patrols and warrants targeting drug dealing and other gang activity and bring those behind these organised criminal enterprises to justice.”
Anyone with any information about criminal activity can contact Bedfordshire Police via www.bedfordshire.police.uk/report or contact 101. Alternatively you can call Crimestoppers anonymously on 0800 555111.