Police will allege they also located household furniture, which was stolen during an aggravated break in at an Oak Avenue home earlier in the year.
Following inquiries, a 36-year-old man was arrested in Graham Place.
He was charged with a string of offences, and is expected to face Lismore Bail Court later today.
A second man, aged 25, was also arrested as a result of the raid.
He was issued a Field Court Attendance Notice, and will face court next week.