Two men have been arrested after cocaine worth around €55,000 was seized during a garda operation in Cork yesterday.

Gardaí say they observed a significant drug transaction during a surveillance operation in the Ballincollig area at around 5.30pm.

A car and two houses were searched during a follow-up operation and the drugs, along with items relating to the sale and supply of drugs were seized.

The men, aged in the 40s, were arrested and are being held at Gurranbraher and Mayfield garda stations.

Separately, €55,000 worth of cannabis was seized during a joint-agency operation involving Cork City Divisional Drug Unit, Mayfield District Drug Union, the Garda National Drugs and Organised Crime Bureau and Revenue.

In a statement, gardaí say a controlled delivery was carried out at a business premises in Cork. The package weighed around 2.3kg and contained suspected cannabis herb.

During a search of the premises another quantity of cannabis was seized.

No arrests were made and investigations are ongoing.