It was “snowing’’ in the Diamond District Friday, where cops confiscated $2 million worth of cocaine at a fake jewelry business.

Federal, state, New York City and Los Angeles law-enforcement agents raided two offices at 43 W. 47th Street and found 121 pounds of coke, said New York City Special Narcotics Prosecutor Bridget Brennan.

It been shipped in from a phony business in LA.

Agents watched as deliverymen hauled orange bags into the building and arrested Junior Lopez-Pena of the Rockland County town of Haverstraw as he tried to leave. He was charged with criminal possession of narcotics.