The arrested terrorist was identified as Sajjad Ahmed, 22, from Muzaffargarh in south-west Pakistan, the army said.
In April, Bhat was detained under the Public Safety Act for allegedly hoisting Pakistani flags and chanting anti-national slogans at a rally in uptown Hyderpora area.
The terrorists struck at the police picket in Tujjar Sharief area of Sopore in Baramulla by opening fire.
The firing on Indian positions on its Independence Day drew strong retaliation from Indian troops even as soldiers from both sides did not exchange sweets along the border.
Authorities in J&K have imposed strict restrictions in parts of summer capital Srinagar which is already under a thick security blanket ahead of Independence Day.
Eight persons were injured in a powerful hand grenade blast outside a mosque in south Kashmir's Shopian district on Thursday morning.
Three cops, including an officer, and a civilian were wounded in a powerful hand grenade blast in downtown Khanyar locality of the summer capital Srinagar on Wednesday evening.
A 23-year-old youth was killed allegedly in firing by the security forces during a protest demonstration in Pulwama district of South Kashmir, police said.
Two militants of Pakistan-based Lashkar-e-Tayiba were on Tuesday killed in a fierce gunbattle with security forces during an overnight operation in Pulwama district of south Kashmir that also left a policeman injured.
A suspected Lashkar-e-Tayiba terrorist was killed on Thursday in a brief gunfight with security forces in a village in Pulwama district of south Kashmir, police said.
Two army troopers were killed and another wounded in a mistaken identity shootout in south Kashmir Tral in Pulwama district late Tuesday evening.
One person was killed and six others, including a Central Reserve Police Force jawan, injured in a grenade attack by militants in south Kashmir's Anantnag district on Saturday afternoon.
Three persons were killed and 19 others injured after a cloudburst struck near the base camp of Amarnath yatra along the shorter 16-km Baltal route to the cave shrine in central Kashmir's Ganderbal district, officials said on Saturday.
Jammu and Kashmir Chief Minister Mufti Mohammad Sayeed on Thursday visited Sopore town that had been in the news recently for violence and attacks on the mobile service providers and telecom towers.
Curfew was imposed in the frontier Rajouri town of Jammu region and the army staged a flag march following clashes on Tuesday.
Geelani, who earlier had a passport in 2007, 2008 and 2011, had applied for the same in May this year.
Protests rocked parts of Kashmir Valley including Srinagar on Saturday where Pakistan and Islamic State flags were yet again displayed by masked youths after Eid prayers.
The BSF troops retaliated, resulting in exchange of fire, which was still going on when last reports came in.
Terrorists killed a retired police officer in south Kashmir Kulgam district late on Tuesday night.
For the first time in 25 years since the start of militancy in Kashmir, the separatists have not called for a general strike on Martyrs' Day on Monday in view of the fasting month of Ramzan.