According to the Ministry of Defence, six soldiers and one veteran were arrested for money-lending, drug and money-laundering offenses.

According to the MoD, six Irish Guards soldiers and a Coldstream Guardsman veteran had been arrested by Royal Military Police in a “planned operation”.

The 1st Battalion Irish Guards will lead Thursday’s Trooping of the Colour for Queen’s Platinum Jubilee.

According to the MoD, none of those soldiers would be allowed to participate in the investigation.

The Irish Guards were established in 1900 by Queen Victoria and have been used in conflicts in Iraq, Afghanistan, and elsewhere.

The regiment, which includes the Duke of Cambridge among its royal colonels, also guards royal palaces where they can be seen wearing their distinctive red tunics and bearskin caps.

Prince William presented the Irish Guards new colours last week – a flag that serves as a rallying point to troops and is ready for them as they lead the parade on Queen’s Birthday as the Platinum Jubilee weekend starts.

The MoD released a statement saying that six soldiers from the Irish Guards and one Coldstream Guardsman veteran were arrested by the Royal Military Police as part of a planned operation. They were suspected of conspiring to supply drugs, money lending, and laundering.

“None” of the soldiers under investigation will take part in Queen’s Platinum Jubilee parades.

“The Army will not tolerate any illegal or fraudulent behavior.” This is the subject of an independent Royal Military Police investigation. It is not appropriate to comment further.