The incident took place on August 7 when three men tried to snatch a rifle from Ahmed, deployed as a guard, at the J-K Bank's Charar-i-Sharief branch in central Kashmir, but the vigilant policeman foiled their attempt.
"Ahmed has been rewarded for showing a presence of mind, exemplary courage and commitment towards his duties while repulsing the rifle snatching attempt," he said.
CCTV footage shows the "exemplary valour" exhibited by the policeman, the spokesman said.
He said the police has released the photographs of the three people involved in the incident and sought information about them.
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