POLICE have thanked the public in Mid Wales after bags full of cocaine, with a reported street value of up to £90 million, were washed up on a beach on Saturday.

According to reports and Dyfed-Powys Police, around 30 bags of the class A drug were found by a dog walker on a beach south of Aberystwyth, tied to makeshift buoys.

A police spokesman said that investigations into how the drugs came to the beach were ongoing and no arrests were made.

They added: "Dyfed-Powys Police is investigating the discovery of a significant quantity of what is thought to be cocaine, spotted along the Ceredigion coast this weekend.

“Enquiries are being undertaken to establish how such an unusually large amount of the controlled drug came to wash up on the Welsh shore, following recent storms.

“The precise quantity is still being established and at this time no one has been arrested in relation to this matter.

“Officers have thanked those who found the packages and their sensible actions in reporting the matter immediately.”

According to more reports, residents also saw a small plane circling the bay while officers headed to the scene.

The dog walker, a man in his 30s, told the The Mail on Sunday, that police removed the drugs immediately.

They said: “I was out for my early morning walk when I saw something on the beach.

“I was intrigued and walked up to it and knew what it was almost straight away.

“An old lady called the police and they came around half an hour later. They cut open a bag and it looked like pure cocaine. They dragged it off the beach and took it away.”

The Mail added that if the packages were full of cocaine, then the expected haul is worth around £90 million.