Anthony Kelly, 49, appeared in court in the northern city of Santander yesterday accused of planning to import the drugs to the UK.
Kelly was due to board a Plymouth-bound ferry just hours after he was arrested by Spanish drug squad detectives on Wednesday June 15.
The country’s National Police allegedly recovered 171kg of cannabis, worth £513,000 had it been sold on the street.
Kelly was held after he returned to his Santander hotel in a taxi in the early hours of Monday morning.
After searching his Vauxhall Astra, which was parked outside the hotel, officers from Madrid’s specialist organised crime unit allegedly discovered a haul of 681 packages hidden in secret compartments, including a "false floor".
Kelly was booked on a car ferry leaving Santander hours later for Plymouth.
He was today being held on remand following a behind-closed-doors appearance before an investigating judge in the Atlantic port city.
A Foreign and Commonwealth Office spokesman said: "We are aware of the arrest of a British national in Spain on June 15 and consular assistance is currently being provided."
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