The encounter broke out near Classic Hospital here when security forces launched an anti-militancy operation, a police official said.
J-K counter-insurgency operation: Arrested Pakistan terrorist killed, three security personnel injured
The operation, which saw nine Army personnel losing their lives in separate ambushes in Surankote and Mendhar on October 11 and 14, entered the 14th day on Sunday.
Pankaj Paswan from Bihar has been working in Kashmir for 27 years and never faced any problems. Despite witnessing the volatile phase of 2016, he returned to the Valley.
The incident took place in Manzgam this evening, the officials said.
The police and security forces have cordoned off the area and a hunt has been launched to nab the attackers.
The first hit-and-run attack in Srinagar this year took place on February 19 when militants shot dead two policemen at Baghat Chowk.
A group of suspected Dimasa National Liberation Army militants opened fire at the trucks lined up in the Rangerbeel area, around 5 km from the Diyunmukh police station.
The police party came under fire around 10.20 am at Batpora in the north Kashmir district, they said.
Terrorists fired upon the residence of Fazal Ahmad at Chandoosa in Baramulla in the early hours of Monday, officials said.
Referring to the killing of CID inspector Parvez Ahmad Dar last week, Kumar said the militants were resorting to soft target killings in order to create fear psychosis.
The parties condemned the killing of a special police officer (SPO), his wife and daughter in Pulwama district, calling it "dastardly and cowardly" and a "form of terrorism".
Security forces cordoned off the area and launched a search operation to track down the assailants but no arrests have been made so far, the officials said.
After the attack, police, CRPF and Army men rushed to the area and laid siege around the area to conduct a search operation to nab the attackers.
The front page also carried the message that the paper would not be cowed down.