Another steroid bust in Cyprus.

A Turkish man wanted in Australia on drug trafficking charges is believed to have been arrested in Cyprus.

Hakan Ayik could eventually be extradited to Australia or stand trial in the self-declared Turkish Republic of Northern Cyprus, which is recognised only by Ankara.

Mr Ayik was reportedly arrested on December 20 at a hotel in the port of Kyrenia on the north coast of the eastern Mediterranean island.

Reports said police seized equipment used to make narcotics, steroids, a laptop and eight mobile phones in the suspect's hotel room.

A court in Kyrenia has remanded Mr Ayik, 32, in custody until a decision is taken on whether to extradite him or put him on trial on other charges.

Mr Ayik is wanted in Australia in connection with a major drug trafficking operation.

He fled the country in August and is the subject of an international arrest warrant.

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