The security staff were among eight men charged across Queenstown after police swooped on a series of addresses.
During the warrants over $120,000 in cash was seized, along with over 60 grams of cocaine, and amounts of ketamine, GBL, and MDA, police said in a statement.
Otago Lakes Central investigations manager Detective Senior Sergeant Steve Salton described the arrests as "a great result for the community".
“Five of these men were security guards working as doormen at local bars and clubs, resulting in a security company losing their security licence.
“It’s disappointing to see that people working in roles intended to keep people safe, are in fact doing the opposite and causing huge amounts of community harm in the supply of these drugs.
“Our enquiries into these matters are ongoing and we cannot rule out further arrests,” Detective Senior Sergeant Salton said.
“Police continue to investigate the supply of illicit drugs in the Queenstown area and anyone with information around this type of offending is urged to get in touch.”
