Detectives from Nuneaton Proactive CID arrested two men in connection with drug offences on Friday 5th June.
A spokesperson from Warwickshire police said: "They recovered cash and a mobile phone after they stopped a car in Avenue Road, Nuneaton.
The two men from Nuneaton, aged 19 and 24, were initially arrested on suspicion of being concerned in the supply of drugs.
The 24-year-old was subsequently arrested on suspicion of possession of class A drugs with intent to supply.
The two men have been released under investigation while enquiries continue."
Detective Constable Sian Cook from Nuneaton Proactive CID said: “The dealing of drugs in our communities causes untold misery and we remain committed to tackling the problem.”
Changes to Fosse Park approved
Extra police patrols coming to market towns
Woman in her 70s loses thousands in courier fraud scam
Leicestershire parents vote to keep October half term
Airport apologises over data breach
Petition to reopen Shepshed tip
Appeal for information following serious collision in Queniborough
Aerial photographs of the Bee Hive Car Park taking shape
