UPDATE; 12 p.m.: Feds arrest 5 men in $2M chop shop ring 

UPDATE; 10:30 a.m.: Federal authorities at the scene of the raid tell our reporter that the lot is owned by a man named Gary Wymer and he owes a substantial amount of money to various groups of people. Stay tuned for updates from the FBI press conference at 11 a.m.

ORIGINAL REPORT: Toledo police are helping the FBI execute a search warrant at a property on Consaul Street in East Toledo.

WNWO's reporter at the scene says the property appears to be a storage area for semi trucks and construction material. Authorities will not confirm what they are searching for at the property.

The FBI is holding a press conference at 11 a.m. at One Government Center. Stay tuned for updates.