The three youth armed with weapons entered Ashok Jeweller shop in main bazar of the town at around 10 pm and asked the owner to hand over the entire cash and gold jewellery, they said.
The youths fired a shot in the air and the shop owner also returned fire with his gun, but they managed to escape, they said.
A case has been registered and further investigations are on, Senior Superintendent of Police, Batala, Tulsi Ram said.