Warrnambool & Ballarat stables raided
UPDATE 3:30 - The three men arrested this morning have since been released without charge pending further enquiries. The investigation remains ongoing.
EARLIER - Three men have been arrested following the raids this morning.
Victoria Police media issued a statement that a 48-year-old Miners Rest man, a 38-year-old Yangery man and a 26-year-old Warrnambool man.
According to the statement Police also seized a firearm and "conducted energy device".
They will now be interviewed in relation to sporting integrity matters including obtain financial advantage by deception, engaging in conduct that corrupts or would corrupt a betting outcome of event or event contingency, use of corrupt conduct information for betting purposes, and attempt to commit indictable offence namely obtain financial advantage by deception.