The rocker launcher (85MM) and LMG cartridges were stuffed in bags and dumped near the canal, they said.
Senior Superintendent of Police of Fatehgarh Sahib, Gurmeet Singh Chauhan said a bomb disposal squad from Jalandhar was also called to defuse the ammunition.
Panic gripped the village after the recovery of arms and ammunitions.
A villager noticed the shells, who informed the local police officials. After receiving information Sirhind SHO Harwinder Singh Cheema and other police officials reached the spot.