The three men arrested on suspicion of fraud offences in relation to the horsemeat scandal have been released on bail pending further inquiries, Dyfed-Powys Police said.
The men, two aged 64 and 42 from the Aberystwyth area and one aged 63 and from West Yorkshire were arrested on Thursday 14th February.
They will return to answer bail in Aberystwyth at a later date.
Steve Wearne, director of the Food Standards Agency in Wales, has spoken about the first of industry results from beef products that have been tested for the presence of horse DNA.
He told ITV News' Consumer Editor Chris Choi it was "steady progress and we want the industry to continue until we have a complete picture of all beef products on sale in the UK".
The Food Standards Agency's director of communications Stephen Humphreys said he could "assure" the public that all seven had now been taken off the shelves.
Whitbread, one of the UK's largest hospitality companies, has found horsemeat in two products - its beef lasagne and burgers.
The products were sold in Premier Inn, Brewers Fayre, Beefeater Grill and Table Table.
The fund will be independently managed as a charity.
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