The cops are claiming the drugs seized under 'Operation Agamemnon II' have a street value of a staggering $360 million US dollars.
National Police Director General Jorge Nieto is calling the drugs bust an "historic seizure in the fight against organized crime".
In what is being hailed by local cops as the largest cocaine seizure in Colombian history, the huge quantity of drugs were discovered hidden underground in four farms near Colombia's border with Panama.
It is believed that the cocaine, which was to be smuggled into Europe, belonged to the one of the biggest gangs operating in South America at the moment, the so-called Gulf Clan.
According to the US Drug Enforcement Administration, Colombia produces 910 tonnes of cocaine every year.
And the cops there have now seized some 362 tons of cocaine so far this year - almost a third of what is produced every year there.
And now drug dealers operating across Europe and even in Ireland fear that there could be a so-called major cocaine "drought" on the cards, which would inevitably lead to drug gang wars.
A spokesperson for the local cops said: "Thanks to a police operation with overseas intelligence, from friendly countries, the largest seizure in history was made."
He added that its "valued at U.S. $360 million, belonged to the Clan of the Gulf and was seized in 4 collection centers in a radius of 6 km [3.7 miles], between the municipalities of Carepa and Chigorodó, Antioquia."

Contundente golpe de Agamenón II, al ‘clan del golfo’, incautadas más de 12 toneladas de clorhidrato de cocaína. pic.twitter.com/IaY7b4Ed9g

— Policía de Colombia (@PoliciaColombia) November 8, 2017