Police seized more than 60 boxes of designer trainers and high-value watches when they raided two homes.
The City South Neighbourhood Policing Team joined Operation Reacher officers to execute warrants at the addresses in Harrogate Road, Bakersfield, around 4.50 pm on Wednesday (17 January).
The trainers, along with shoes, designer clothing and perfume, were discovered in the kitchen of one of the properties when officers forced open the doors.
Two Rolex watches found during searches have been valued at around £44,000 each.
Sergeant Karl Browne, of Nottinghamshire Police, said:
“This was a great result and shows our ongoing commitment to target those who live off the proceeds of crime.
“We have seized high-value goods which we believe have been funded through ill-gotten means.
“I hope these warrants serve as a strong warning to others. If you think you can make money through crime, then think again. It is only a matter of time before we come knocking.
“Positive neighbourhood police action like this is made possible by support from the community and we are grateful to members of the public for continuing to come forward with information about criminal activity in their area.
“Our investigation remains ongoing following this warrant, and anyone with information should contact police on 101, quoting incident number 24000034346, or Crimestoppers on 0800 555111.”