The brothers, 34 year old Wayne Havelock and 28 year old Joel Havelock, and a third accused, 36 year old Yudishtir Maharaj, appeared before a Couva Magistrate on Wednesday.
The men were arrested on October 6th after officers of the Organised Crime and Intelligence Unit stopped and searched a vehicle being driven by Maharaj along the Southern Main Road, California.
The search allegedly resulted in the discovery of one Glock pistol containing 26 rounds of 9mm ammunition, 560 grammes of marijuana, and 52 kilogrammes of cocaine.
The cocaine has an estimated street value of $23.1 million, while the marijuana has an estimated street value of $25,000.
Wayne Havelock, a fisherman of Claxton Bay, was granted $5.5 million bail, while his brother, Joel Havelock, also a fisherman, was granted bail in the amount of $5 million.
The third accused, Yudishtir Maharaj, a businessman from San Juan, was charged with cocaine and marijuana trafficking and possession of firearm and ammunition, and was advised to apply to a judge on the issue of bail.
The matter was adjourned to Monday October 23rd.