3 arrested after police seize $76K in cash, 23 pounds of marijuana

L to R: Terry Pegram Jr., Phillip Tidwell, Evan Newbaker (Courtesy: Metro Nashville Police Department)

NASHVILLE, Tenn. (WKRN) – Three men were arrested after Metro police seized $76,000 in cash and 23 pounds of high grade marijuana.

Undercover detectives had 24-year-old Terry Pegram Jr. under surveillance as part of an ongoing investigation.

(Courtesy: Metro Nashville Police Department)
(Courtesy: Metro Nashville Police Department)

On Wednesday, they watched as he went to the Cracker Barrel on Percy Priest Drive.

Pegram reportedly met with Phillip Tidwell, 50, and Evan Newbaker, 24.

According to authorities, Pegram got a backpack from his pickup truck and brought it to the truck that Tidwell and Newbaker were in.

They talked for a few minutes before Pegram got in his truck and left.

Tidwell’s pickup truck was later stopped for running a stop sign at the intersection of Blackwood Drive and Fitzpatrick Road.

Upon searching the truck, a police dog alerted them of a drug odor. That’s when police say they found a vacuum sealed bag with a small amount of marijuana and more than $70,000 in cash in a plastic grocery bag concealed in the backpack Pegram had given them.

Both men were taken into custody and charged with possessing marijuana for resale.

Pegram was arrested the same day after detectives say he went to his south Nashville home on Aladdin Drive, grabbed two large black duffel bags, and hopped in the car again.

After officials stopped Pegram for speeding on Interstate 24, they reportedly found 16 pounds of marijuana in his car.

A search of his home also led to the discovery of seven more pounds of marijuana and firearms, according to police.

Pegram was charged with possession of marijuana for resale and a crooks with guns violation for having a rifle and pistols in his home.

His bond was set at $55,000, while Tidwell and Newbaker were each held on $30,000 bond.