Early Thursday, police executed 63 search warrants in the York region, north of the city and Peel region to the west, the Toronto Sun reported.

Professional Standards Superintendent Jim Ramer told reporters police seized three homes, five vehicles, $60,000 in cash, 16 pounds of marijuana, drug-making equipment and small amounts of ecstasy and steroids.

Police allege the group arrested used a real estate agent to buy and sell properties they converted to hydroponic marijuana farms known in Canada as "grow-ops," the Toronto Star said.

Police Chief Bill Blair was obviously upset about the two officers' arrests, saying at a news conference it was "more than merely a betrayal of their oath of office," but a slap in the face to every honest officer.

Asked about the officers' employment, Blair was terse, the Star said.

"They'll get full salary until we can deal with employment status," the chief said.