Peel police seized nearly half a million dollars worth of cocaine and arrested three people earlier this week as part of an investigation into drug trafficking in the GTA.

Officers arrested two men in Toronto on Tuesday, and found about 4.2 kilograms of cocaine in their possession. The drugs are worth about $418,000, said Peel Regional Police.

Later, as part of the same investigation, police executed a search warrant on a Toronto home. Officers there arrested a female and seized a loaded 40-calibre firearm.

George Coulbourne, a 38-year-old from Mississauga, is charged with possessing cocaine for the purposes of trafficking.

Leon Mitchell, 56, and 39-year-old Abie Miller, both of Toronto, also face a variety of drug and firearm charges.

Goulbourne and Mitchell were due to appear a bail hearing in Brampton Wednesday. Miller was released on a promise to appear, and is due in court April 8.