FIVE people have been arrested on the Gold Coast following raids of a yacht at Coomera.
Police raided the yacht, named The Solay, at Coomera on the Gold Coast, discovering 70 kilograms of cocaine.
Australian Federal Police made the arrests on Tuesday as part of Operation Lamister, which began earlier this month.
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It’s alleged an Estonian man and UK national met with three Australian men in the Dreamworld car park where police busted them with 40 kilograms of cocaine.
A further 30 kilograms was found concealed in the yacht’s cavities.
The drugs have an estimated street value of more than $17 million.