Campaspe Criminal Investigation Unit along with Shepparton Crime Investigation Unit and other local units executed a warrant in Shepparton yesterday afternoon.
Police attended an address in Dunrobin Street about 1.20pm to execute a drug warrant.
A 25-year-old Shepparton man was arrested by members of the Special Operations Group at the address and a search conducted.
It is alleged that police found a stolen trailer, stolen power tools and a small quantity of drugs during the search.
The 25-year-old is currently assisting police with their enquires and the investigation continues.