Terrorists attacked a police picket in south Kashmir's Medura village in Pulwama district on Tuesday night and decamped with arms and ammunition after overpowering the police guards in the post.

The police post had been setup in the Medura village near Tral town to provide security to the minority Kashmiri Pandit families living in the village.A senior police officer said the terrorists forced their entry into the post and took the guards by surprise.

The militants took away three INSAS rifles, two self loading rifles and five magazines with 70 rounds of ammunition.Senior district police officers reached the spot and a massive hunt has been launched to trace the militants.

Meanwhile a fierce gunfight between holed up militants and surrounding security forces was continuing in the Kuchwan Muqam village in north Kashmir Baramulla district.The gunfight erupted after security forces surrounded a house in the village this morning on specific information about presence of militants in it.