On a tip off about presence of self-styled LeT commander Hilal Molvi in the area, police laid a cordon around Narparistan in Fatehkadal area of the city in the wee hours.
As the police personnel were zeroing in on the target house, the militant fired on them.The cops returned the fire, triggering a brief gun battle, which ended with the killing of the militant, police said.
Three policemen including an officer sustained injuries in the operation, they said.
The slain militant was involved in the killing of several civilians in Pattan and Sopore area of north Kashmir.