Around 2,000 kilograms of the drug were found wrapped in waterproof packages and dumped in the middle of the Mediterranean Sea.
Italian authorities have seized almost two tons (2,000 kilograms) of cocaine off the coast of Sicily, officials said Monday.
The haul has a street value of about €400 million ($440 million).
The drugs were stored in about 70 waterproof packages and carefully sealed, the Italian Guardia di Finanza said in a statement. The tax and customs authorities called it a “record” seizure.
The bundles were held together by fishermen’s nets and equipped with a luminous signaling device, Guardia di Finanza added.