Suspected drugs were seized after officers responded to community concerns about drug dealing.
Officers from the Colchester community policing team visited an address in Brinkley Place, Colchester, on the afternoon of Thursday 2 April, where two men ran off but were soon stopped.
They were found to be carrying a large quantity of suspected class A and B drugs, as well as cash.
The 28-year-old man from Maldon and 29-year-old man from Colchester were arrested on suspicion of possession with the intent to supply drugs.
They have been released under investigation while our enquiries continue.
If you have any information about drug dealing in your area, please tell us so we can take action.
Call 101 or report online at https://www.essex.police.uk
Alternatively, you can also contact the Crimestoppers charity 100% anonymously on 0800 555 111 or use the anonymous online form at Crimestoppers-uk.org