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Soman of Sreehari House, Neendoor, Pallippad, was shot at by his relative and neighbour Prasad (50), an ex-serviceman, at 7 pm on Tuesday
The shooter, who was in his 20s, used a Glock handgun and an AR-15 semi-automatic rifle with at least one of the firearms painted with a swastika
The police continue the search for more weapons by draining out the water from the pond using a motor.
The shooting comes less than 48 hours after a 13-year old boy shot dead nine and injured seven at a school in Belgrade before turning himself in.
Using two handguns that belonged to his father, the boy fired first at the guard and three girls in a hallway and then shot his teacher and classmates in a history lesson, police said.
The suspect, identified as 38-year-old Francisco Oropeza, remained at large more than 18 hours after the shooting and authorities warned that he might still be armed.
The incident occurred at a Covenant School in Nashville, Tennessee.
Murugan of Charuvuvila House at Venganoor got trapped in the waters while he was cleaning up the irrigation canal which was filled with garbage.
The injury to the teacher, a woman in her 30s, was considered life-threatening, though she had shown some improvement in the hospital, said Police Chief Steve Drew.
The incident took place in the Western Downs on Monday afternoon when four police officers were attending to a property on Wains Road at Wieambilla in relation to a missing person investigation, reports Xinhua news agency.