Mexico City ( CNN ) -- Mexico 's military has seized more than $ 15.3 million in cash from a vehicle in the border city of Tijuana , authorities said Tuesday . In addition to the money , troops also found jewelry and packages of cocaine in the vehicle , the Attorney General 's Office said in a statement . Soldiers found the stash during patrols Friday , the statement said . Authorities believe the vehicle was heading to a home used as a financial hub by the Sinaloa Cartel , the statement said . On Tuesday , officials showed reporters in Mexico City stacks of $ 100 bills that they said were seized in the operation . The cash is the second largest quantity of money the Mexican military has seized since President Felipe Calderon took office in December 2006 , the statement said . In 2008 , soldiers seized more than $ 26 million in Sinaloa state . Calderon announced a government crackdown on cartels shortly after taking office .
In addition to money , troops find jewelry and packets of cocaine . The soldiers are paid in cash or by credit card from the drug cartels that control much of Mexico's smuggling routes into the United States. Authorities show reporters stacks of $ 100 bills seized in the operation .