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(WBIR) The Tennessee Bureau of Investigation (TBI) and the District Attorney General announced Wednesday the indictments of four people in a money laundering case, including two Newport police officers.

Those indicted are Detective Captain James Holt, his wife Alderwoman Kathy Holt, her son Kenneth Myers, and Detective Captain Roger Lynn Schults.

According to court documents, Captain Holt sold prescription drugs, including hydrocodone and Xanax, in exchange for items the court claims he knew were stolen.

READ: Complaint and affidavit on James Holt (PDF)

Documents say he then sold that property as new on the shelves of a gas station he and his wife ran.

TBI crews and THP officers were seen Wednesday afternoon at the Pit Stop Mobil Mart on Cosby Highway in Newport, which court documents say is owned by Kathy Holt.

"It is embarrassing because the very people entrusted with upholding the laws, are the ones who are now charged with violating the law," District Attorney General Jimmy Dunn said.

James Holt faces one count of conspiracy to commit money laundering, eight counts of money laundering, 10 counts of official misconduct and five counts of sale and delivery of scheduled drugs.

Kathy Holt faces one count of conspiracy to commit money laundering and three counts of money laundering. Kenneth Myers faces one count of conspiracy to commit money laundering. Roger Lynn Schults faces one count of conspiracy to commit money laundering and three counts of money laundering.

TBI said the investigation took several months and the case is still under investigation.

Captain Holt is due in federal court this Thursday in Greeneville.

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