A warrant under the Misuse of Drugs Act was carried out at a property in Ivy Way during the morning of Friday 19 November 2021 and cannabis and suspected cocaine were found in large quantities.
Further enquiries resulted in officers searching a second property in the Fleming Way area of the town where an estimated £100,000 in cash was recovered.
Police arrested a 23-year-old man from Folkestone on suspicion of possessing class A drugs and cannabis with intent to supply.
A 23-year-old woman from Folkestone was arrested suspicion of being concerned in supplying a controlled drug and possessing class A drugs.
They were both released pending further investigation.