On Monday (June 3), officers from the Rural East Devon Neighbourhood Team executed a warrant in Sidmouth under the Misuse of Drugs Act.
Police entered the property and found a quantity of suspected Class A drugs and money, which was seized from the property.
A spokesman for Devon and Cornwall Police Rural East Devon Police said: "A male was arrested on suspicion of Possession with Intent to Supply Class A Drugs and Money Laundering, he has since been released under investigation.
"We are committed to taking firm and robust action on drugs to keep our communities safe."
If you have any information about ongoing drug issues you wish to report to police, please contact them via 101, online, or anonymously to Crimestoppers on 0800 555 111.
Rural East Devon Police is part of Devon and Cornwall Police which covers Exmouth, Sidmouth, Honiton and surrounding rural villages.
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