A 17-year-old student was remanded for five days on Monday, after the Limassol police arrested him on Sunday as part of an investigation into drug possession and trafficking, as well as money laundering.

According to the police, officers discovered two nylon bags containing approximately 105g of cannabis in a parking lot in Limassol on Saturday afternoon.

Subsequent investigations pointed to the involvement of the 17-year-old, who was located nearby and taken into custody. Police said a sum of money was also found and seized.

The teenager was arrested on the basis of a court warrant and appeared before Limassol district court on Monday.