Miss. Police Find $360K in Secret Car Compartment

VIDEO: Police investigate source of money stashed in secret compartment of drivers car.

A Mississippi officer found over $360,000 in cash hidden in a car's secret compartment during a routine traffic stop, police said.

"On Tuesday, July 9, an officer pulled over a driver for a routine traffic violation," Capt. Dean Harper of the Meridian Police Department told ABC News. "After suspecting that there could be some type of criminal activity he asked the driver for consent to search his car, which the driver gave."

Meridian Police Department

"During the search the officer found a secret compartment in the car that contained $364,590 in $10, $20, $50 and $100 bills," Harper said. Police declined to provide details on where the cash was located.

An official from a Meridian bank counted the money and confirmed that it was not counterfeit. The money is now being kept in a bank vault, according to Harper.

"We are in the process of investigating where this money has come from. Once we gather that information the case will be reviewed by the Circuit Court of Lauderdale County," Harper explained. "The driver of the vehicle was questioned and is cooperating with police." Policed declined to release the driver's name.

This is not the first time Meridian police have found a large sum of cash during a traffic stop.

"We used to get stops like this before. We once found $1.8 million in a car, which is our largest find to date," Harper said.

According to Mississippi state law, money confiscated by police officers can be used by police departments once all legal proceedings surrounding the money are concluded.

"In the case of the $1.8 million, our department was able to buy 55 new patrol cars," Harper said.

The investigation into where the $364,590 came from is ongoing and police are not ruling out criminal activity.

The driver of the car has not yet been arraigned or indicted, according to a spokeswoman for the Circuit Court of Lauderdale County.

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