Rangers raided a house on information of militants planning to target the city's Expo Centre in a bomb attack.
Read: One dead, several injured as Rangers raid MQM headquarters
During the search, militants fired at Rangers personnel and hurled hand grenades. The clash left TTP's Karachi commander Ilyas Kashmiri and his four accomplices dead.
Read: Three suspected militants killed in Karachi shootout
A large cache of arms was recovered from the premises, comprising hand grenades, Kalashnikovs, bullets and ammunition.
Read: Arrests and raids: Lyari gang commander gunned down in alleged encounter
Security forces have intensified their efforts to rid the city of terrorism under the implementation of the National Action Plan.
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