Crossword Genius

One near cocaine bundles: future queen, perhaps (10)

Ross

I believe the answer is:

cheapskate

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'one near' is the definition.
(someone who is near - near can mean miserly)

I cannot understand how the rest of the clue works.

Can you help me to learn more?

(Other definitions for cheapskate that I've seen before include "Miserly person" , "Scrooge" , "Tightwad" , "Miserly type" , "he won't pay the going rate" .)

I've seen this clue in The Independent.
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