The law enforcers recovered rocket-propelled grenades and explosives hidden in bushes at a few distance from university campus, upon identification by arrested suspects.
Officials called in Bomb Disposal Squad (BDS) members, who cleared the area after thorough search.
Sources said that the terrorists wanted to wage an attack on the varsity.
Over 20,000 students are enrolled at the university, while the campus houses nearly 8000 male and female students, and faculty members.
