OAKLAND — Police here conducted a series of raids on the owners of an unlicensed smoke shop on MacArthur Boulevard, seizing guns, suspected drugs, and $357,262 in cash, court records show.

Now, one of the owners, a 25-year-old man, is facing felony and misdemeanor charges for allegedly possessing an unregistered assault rifle inside his Oakland home. The raids followed a January inspection of the smoke shop, which is located on the 2900 block of MacArthur Boulevard, authorities said.

The store was found to contain cannabis and psilocybin for sale, as well as counterfeit ecstasy pills “which were later tested and determined to be methamphetamine,” police said in court filings. The cash was seized in both owners’ homes. Police also seized and unserialized gun from the store and a gun from each owner’s residence, authorities said.

The gun case was filed on April 13. The owner has since been released from jail after posting $25,000 bail, court records show. He has pleaded not guilty.