A 21 year old man was arrested in connection with the seizure.
Gardaí have seized €160,000 in cash and arrested one man following a stop and search operation, that occurred last night in the midlands.
The Crime and Drugs Unit in Westmeath stopped a car shortly after 9.30pm and a search under Section 23 of the Misuse of Drugs Act, 1977/84 was carried out and €160,000 cash was located concealed in the vehicle.
The driver aged 21 years old was arrested in the Auburn Villas area of Athlone and taken to Mullingar Garda station where he was detained under Section 4 of the Criminal Justice Act, 1984.
This man has since been released without charge and a file will be prepared for the Director of Public Prosecutions.
Investigations are ongoing.