A Red Bank man arrested last August as an alleged member of guns and heroin distribution ring has been indicted by a Monmouth County grand jury, the county prosecutor announced Monday morning.

Russell Vann, 54, right, was one of 20 defendants named as alleged members of “a criminal enterprise responsible for the distribution significant quantities of heroin and the trafficking of firearms,” Prosecutor Peter E. Warshaw, Jr. said in a prepared announcement.

Two other men arrested in the sweep and previously identified as Red Bank residents were not named in the indictment. They are Charles Dixon, 54, and Raymond Jackson, 41.

Vann, whose street address was not given, was among 40 people arrested in a series of raids last summer, the announcement said. The prosecutor contends Vann was a “mid-level” heroin dealer, one of a number of such alleged player who were

indicted for racketeering conspiracy for their roles as “runners” who distributed, stored or collected money for the sale of quantities of heroin sold under Stevenson’s supervision and at his direction.

During the course of the investigation, approximately 200 bricks of heroin, a quantity of cocaine and approximately $72,000 in U.S. currency was seized. The heroin seized has an estimated street value of approximately $50,000.

Vann was charged with multiple counts of drug possession and conspiracy, including the intent to distribute drugs in a public housing complex. He is not charged with any weapons-related offenses.

He was being held of $350,000 bail, with no option to post 10 percent, and facing a bail source hearing, the prosecutor said.

Here’s the announcement: 5.14.2012 Nygee Indictment. And here’s a charging chart identifying the defendants 5.14.2012 Nygee charging chart.