Updated

Police say they have arrested two Israelis in connection with a seizure of over $60 million worth of cocaine smuggled into Israel aboard a Colombian vessel.

It's one of the biggest drug busts in Israeli history.

Police spokesman Micky Rosenfeld says 550 pounds (about 250 kilograms) of the cocaine was stashed inside sacks of coffee on the vessel. He says the street value of the cocaine is "well over $60 million."

The shipment was intercepted when the ship docked in the port of Ashdod on April 20, and the two suspects were arrested immediately. Rosenfeld says an announcement was withheld while the investigation continued.