Photo: Cocaine Found in Iron Boy Ivan Calderón's home
World Boxing Champion Iván “Iron Boy” Calderón is under investigation after a raid in a house he owns in the coastal city of Humacao turned up close to 500Lbs. of cocaine.
Police in Puerto Rico raided the home after a tip from “Cano” Navarro, a Narco arrested not too long ago in Miami. Navarro was accused of moving cocaine from the Dominican Republic to the U.S.
DEA Spokeswoman Laila Rico said officers found some 500lbs. of cocaine in the pugilist’s property, having an estimated value of over $4M.
Calderón issued a statement immediately after learning about the raid saying that though the house does belong to him, it is one of several homes the boxer rents out to third parties, and he had no idea of anything illegal happening on the property.
He said he rented the raided home to a young married couple, who always paid rent on time.