Police in Bensalem, Bucks County, said more than 26 pounds of cocaine worth $1.2 million was stashed in a secret compartment of a car pulled over Saturday.
Thirty-two-year-old Nestor Luis Merced-Calderon, of New York City, faces a felony drug charge and is being held in county prison on $8 million bail.
Police Officer David Clee said he pulled over a black 2004 Volvo with New York license plates because a GPS unit was blocking the driver's view.
Clee said he saw rubber bands in the car commonly used to package stacks of money, and the car was searched.
Police said they found the hidden cocaine and $3,000 cash inside.
A preliminary hearing for Merced-Calderon is set for Dec. 1.
Information from: Bucks County Courier Times, http://www.phillyburbs.com