High-profile Australian racehorse owner Damion Flower has been arrested in Sydney on drugs charges.
He is facing six counts of importing a commercial quantity of a border-controlled drug.
He was refused bail by police and is due to face Liverpool Local Court on Thursday.
Flower owns shares in dozens of horses, including one of Australia's most in-demand stallions Snitzel.
He raced the super stallion to numerous victories before selling a controlling interest to Arrowfield.
Snitzel stands at stud in the NSW Hunter Valley for a $220,000 service fee after breaking several Australian sires' records.
Based on his fee, Snitzel generated more than $40 million in revenue for the 2018 Australian thoroughbred breeding season.
Flower also holds a starting position in the $13 million The Everest, the richest turf race in the world.
He was reportedly arrested in Moorebank, in Sydney's southwest, as part of a joint investigation by NSW Police and Australian Federal Police.
Flower owns Platinum Park in the Hawkesbury.
