Gunfight erupted in Karan Nagar area of Srinagar on Monday morning after militants failed attempt to launch fidayeen style strike paramilitary CRPF CAMP at karanagar .
The camp is located near the SMHS hospital.
CRPF officials said one CRPF man was killed in encounter so far as Militants are hold up in building near Caset Educational institute.
Reports said that the sentry averted a possible militant attack by firing at approaching militants forcing them to flee.
Later, searches were launched around the camp periphery.
Intertiminent firing was going on at the time of filing of this report.
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