The arrested militant has been identified as Zahoor Ahmad Bhat alias Junaid, a resident of Wuyan.
One Chinese pistol, its one magazine, six rounds and three hand grenades were recovered from his possession, police said.
Another Hizbul Mujahideen militant identified as Abdul Rehman Bhat alias Javid Kashmiri was arrested by police in Budgam district on Saturday.
A resident of Lassipora-waterhal in Pulwama district, Abdul was nabbed from Mirgund-Budgam, 25 kilometres from here alongwith a pistol, its one magazine and six rounds, police said.