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.”
Tributes to former leader Nick Rushton
103 years since the official opening of the Carillon Tower and War Memorial.
British Heart Foundation announces closure of 150 Stores over two financial year
Carelessly Discarded Cigarette Sparks Serious House Fire in Measham
Work starts on new primary school
Tribute to man who died in Loughborough
How local government re-organisation looks in Leicestershire
New ticket barriers planned at Nuneaton station
