Larry Negron, 32, of Colonial Drive was charged with possession of cocaine and possession of more than 5 ounces of cocaine with intent to distribute.

Larry Negron, 32, of Colonial Drive was charged with possession of cocaine and possession of more than 5 ounces of cocaine with intent to distribute, according to authorities. He was lodged in the Ocean County Jail in Toms River in lieu of $100,000 bail, set by Superior Court Judge Barbara Ann Villano.Paris Acguirre, 27, also of Colonial Drive, also was charged with possession of less than a half-ounce of cocaine. His bail was set at $20,000 by Municipal Court Judge Scott Basen.Authorities said they executed a search warrant at a Chestnut Street property in Lakewood, a commercial automobile accessory shop known as 2 NT Stage and operated by Negron. A second search warrant executed at Negron's home resulted in the seizure of approximately 300 grams of cocaine with a street value of $30,000. In addition to the drugs, police reported they seized approximately $31,000 in cash.Police said they also searched a Chevrolet S10 pickup truck occupied by Maximinio Madrigada and Julio Magana-Estrada, both of Lakewood, and seized a kilogram of cocaine with a street value of approximately $100,000 as well as $2,000 in cash.Madrigada, 34, of Elm Street, was charged with possession of cocaine and possession of more than 5 ounces of cocaine with intent to distribute. His bail has been set at $150,000, police said.Magana-Estrada, 18, also of Elm Street, was charged with possession of cocaine and possession of more than 5 ounces of cocaine with intent to distribute. His bail has been set at $150,000, police said.A search warrant also was executed at the home of Enrique Miguel-Ascencio, 42, of Mountain View Drive. The search resulted in the seizure of $74,000 in cash, less than a half-ounce of cocaine, three semiautomatic handguns and a revolver. A digital scale also was seized, authorities said.Miguel-Ascencio was charged with possession of cocaine and possession of drug paraphernalia. His bail was set at $50,000, police said.The investigation took about two months, county authorities reported. It is continuing, and more arrests are expected, they said.

Larry Negron, 32, of Colonial Drive was charged with possession of cocaine and possession of more than 5 ounces of cocaine with intent to distribute.

Larry Negron, 32, of Colonial Drive was charged with possession of cocaine and possession of more than 5 ounces of cocaine with intent to di...

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