Two men have been charged as part of an ongoing investigation into suspicious betting activity into last year’s NRL Dally M medal, NSW Police say.

The men, aged 29 and 31, have been charged with using inside information to bet on the event.

Police will allege the men placed bets on the 2019 Dally M coach of the year award winner with prior knowledge of the result.

Police will also allege the men shared what they knew with other people, who in turn placed bets with various agencies.

The Dally M medal is the NRL’s premier award and is bestowed upon the competition’s best-and-fairest player.

There are also gongs for the best coach, captain and rookie as part of the annual awards night.

In 2019, the Melbourne Storm’s Craig Bellamy was named coach of the year.

It’s the fifth time Bellamy has won the award.

The NRL Integrity Unit reported the suspicious betting activity in October, NSW Police said.

Detectives raided two homes and a business in Sydney as part of the investigation, and seized several documents and devices.

The awards are named in honour of Australian former rugby league great Herbert Henry “Dally” Messenger.

The accused will appear in Downing Centre Local Court in August.

The NRL has been contacted for comment.