Police say their ongoing investigation into a high-end vehicle theft ring has led to the arrest of a 32-year-old Toronto man.

Police say the investigation, dubbed Project CBG, began in April 2015 and in December, police announced that close to 20 people had been arrested in connection with the case.

In a news release issued Sunday, police said another man is now facing 103 charges.

The investigation involved members of the Toronto Police Service, in addition to officers in Halton, Peel and York regions. The RCMP, the Canada Border Services Agency and the Insurance Bureau of Canada also assisted in the case.

Police allege that the vehicle theft ring involved shippers, freight forwarders, and thieves.

The vehicles, police say, were shipped to Tin Can Island, Nigeria and sold without proper documentation.

Some of the cars, police say, were given fake VIN numbers and were either used by those involved in the criminal enterprise or sold to unsuspecting buyers.

About 200 vehicles have been recovered and have an estimated value of $11 million.

Of the vehicles that were seized, police say 179 were found in shipping containers.

Other items seized during the investigation include two tractor-trailers, keys, computer and electronic accessories, three long guns and magazines, heroin and cocaine.

Nicholas Harry, 32, is facing dozens of charges in connection with the case including committing an offence for criminal organization- motor vehicle theft, 38 counts of conspiracy to commit an indictable offence and 57 counts of uttering forged documents.