( CNN ) French customs officers say they have seized more than 2 tons of cocaine aboard a sailboat that was falsely flying an American flag in the Caribbean . The drugs , whose value is estimated at more than $ 105 million , are the biggest cocaine seizure ever carried out by French authorities , said Michael Lachaux , director of customs operations in Martinique . Officers arrested one Venezuelan and two Spanish citizens who were on board the vessel off the coast of Martinique on Wednesday , Lachaux said in an interview with the radio station France Info on Saturday . Martinique is an overseas department of France . In November , French customs officials seized nearly 250 kilograms ( 550 pounds ) of cocaine on a vessel that was also off the coast of Martinique , according to authorities .
The value of the drugs is estimated at more than $ 105 million . Officers arrested two Venezuelan and one Spanish citizens on board the vessel .