James Lindsay, 51, and Englishmen David Tricks, 64, and John Hughes, 40, were lifted in the Catral area of the Costa Blanca.
The three suspects are alleged to have used guns to hold up a rival British gang who had smuggled 1.2 tons of cannabis on to the Spanish coast.
Half of the drugs haul was still missing yesterday.
Police said a group of Brits had been buying huge amounts of cannabis from north African traffickers.
A shipment arrived by boat on a beach at Denia, near Alicante, on the Costa Blanca, on December 13. But the gang were allegedly surprised by five Brits armed with pistols and a rifle, who stole the cannabis.
In a statement released by officials at the Court of Instruction in Denia, a spokesman said: 'After a long investigation, officers from the National Police discovered that the robbers planned to sell the drug to some Britons living in the Catral area.'
The statement added: 'The officers intercepted a vehicle with a British man inside, who was carrying in the boot five large bags which had been used to carry drugs."
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were lifted in the Catral area of the Costa Blanca.
» COSTA DRUGS BUST,James Lindsay, 51, and Englishmen David Tricks, 64, and John Hughes, 40, were lifted in the Catral area of the Costa Blanca.
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