Siddique Kanju's son Mustafa Kanjo had opened fire on a vehicle near Cavalry Ground area which led to the killing of teenager Zain and a pedestrian being injured.
"I did shoot but did not intend to kill anyone," the son of the former minister said.
Mustafa said he had fired shots, during the clash, to scare his opponents.
According to Investigation Officer South Cantonment Police Station Inspector Imtiaz Shah said his fingerprints were found on the weapon recovered from the site by police.
Addressing the media later during the day, Zain’s mother demanded they be served justice immediately.
“If justice isn’t served immediately then like other criminals, he, too, will be freed,” she said.
Mustafa was arrested and produced before an anti-terrorism court (ATC) in Lahore on April 3 where he initially claimed that his shot did not kill Zain.
Read: Former minister's son claims his shot did not kill Lahore teenager
The court had granted police eight-day physical remand of Mustafa and four of his guards who were also arrested by Lahore police following the firing incident.
Read: Murder of youth: Police get eight-day remand of former
Earlier, a First Information Report was registered against Mustafa and his guards under section 302 of the Pakistan Penal Code and Section 7 of the Anti-terrorism Act.
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