The cocaine believed to have been supplied was worth $115,000.
A further $30,000 in cash and 14 grams of cocaine were seized.
NSW Police said they had been focusing on the alleged Sydney-wide cocaine supply group since November last year.
“As part of ongoing investigations, targeted police operations were conducted between 10am and midday yesterday, with search warrants executed and three men, aged 33, 24 and 31, arrested,” NSW Police said in a statement.
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“Investigators executed search warrants at two businesses at Marrickville, two homes at Roselands, and a third home at Arncliffe.
“A 33-year-old Roselands man and a 24-year-old Arncliffe man have each been charged with supply prohibited drug (ongoing basis), supply prohibited drug (indictable quantity), direct criminal group, and deal with proceeds of crime.
“A 31-year-old man has been charged with two counts of supply prohibited drug, and participate in a criminal group.”
The men have been refused bail and were due to appear in Parramatta Local Cout on Saturday.