01/13/2011 10:34 am ET Updated May 25, 2011

Three Women Arrested For Selling Four Loko

Three Mahwah, NJ women were arrested after they allegedly tried to sell cases of Four Loko to undercover cops.

Police say detectives, posing as college students, responded to an advertisement on Craigslist and set up a meeting to buy three cases of Four Loko for $335.

The three women, all in their 20s, were charged with selling an alcoholic beverage without a state license.

Four Loko was banned in New York last November, which quickly resulted in a black market on Craigslist, where the caffeine-infused alcoholic beverage is sold for as much as $8 a can.

The drink was outlawed in New York state because of its caffeine and high alcohol content. Each can has about as much caffeine as a cup of coffee and as much alcohol as six beers.