One man in his late teens was arrested after gardaí carried out a number of raids in Drogheda today. 

The searches were carried out under Operation Stratus, which was set up investigate the sale and supply of drugs carried in Drogheda. 

The raids were carried out in the Moneymore estate this morning. 

During the searches gardaí seized a large amount of cash along with a Rolex watch and a number of phones.

One man in his late teens was arrested and is being detained at Drogheda Garda Station under Section 4 of the Criminal Justice Act, 1984.  

He has since been released without charge from custody and a file will be prepared for the Director of Public Prosecutions.

Investigations are ongoing.