The 48-year-old asked police if he could make a cup of tea before being taken into custody, detectives agreed to let the star put the kettle on.
David Emmanuel- real name of the Reggae artist who is known for the 1984 hit with a song called Police Officer - grabbed a carving knife and stabbed himself in the heart.
The Independent Police Complaints Commission is to probe his death but sources stressed there were no suspicious circumstances.
He was already on bail over a £250,000 cocaine seizure before yesterday's 7am raid on his home in Warlingham, Surrey.
One source said: "Smiley must have thought he was going away for a long time and decided he could not handle it.
"While the Old Bill were sitting waiting for their cuppa he took a carving knife and stabbed himself right in the heart with it."
Yesterday's swoop came after two kilos of coke were recovered from a drugs mule who had swallowed them before trying to enter the UK.
Smiley was alleged to have been part of a ring involved in the plot. A Met spokesman said: "Officers attended an address in Surrey to make an arrest. While they were there an incident occurred when a 48-year-old man died."
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