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The gunfight started on Thursday after a joint team of police and security forces got an input about the presence of terrorists in that area.
Though the arrested cadres have yet to reveal anything about the source, the probe seems to be focusing on the most probable theory that cadres from the north provided their south counterparts with the weapons.
A 70.87 per cent voter turnout was recorded till 5 pm in the first phase of the Chhattisgarh elections on Tuesday.
The premises of Dotasra, a former minister for school education, in Sikar and Jaipur apart from party candidate from Mahua seat in Dausa, Omprakash Hudla, and some others are being searched.
The two youths - Phijam Hemanjit, a 20-year-old man and Hijam Linthoingambi a girl of 17 years of age - had gone missing on July 6.
A tense calm prevailed in Singjamei even though shops and business establishments were open and vehicles plied the roads.
The search has been initiated to identify the financial transactions of the alleged PFI members amid reports on terror funding.
The Enforcement Directorate has collected evidence that points to several people who carried out black money transactions, totalling Rs 500 crore.
The elections were held in seven assembly constituencies in six states.
230 personnel will be decorated with bravery medals, including a President's Police Medal for Gallantry (PPMG).