What happened between IAF and PAF on the 27th of Feb?

A Pakistani jets formation was detected at 9:45 am, 10 kilometers within the Line of Control in India. The twenty-four Pakistani air force strike package included  eight F-16s, four Mirage-3 aircraft, four Chinese made JF-17 "Thunder" fighter.

Eight Indian Air Force fighter jets intercepted the twenty-four package in the air.

Wing Commander Abhinandan Varthaman piloted the MiG 21 Bison engaged with an R-73 air-to-air missile against Pakistani F-16 jet. The Pakistani F-16 fighter jet was shot down, two pilots were seen parachuting down on the Pakistani side of the Line of Control.

Indian Air Force gave a chase to the Pakistani jets on their return leg after they had dropped a handful of laser-guided bombs that narrowly missed their military targets.

Wing Commander Abhinandan Varthaman's plane was hit by an AMRAAM, he was forced to eject in the Pakistani side of the LOC.

The Pakistan PM Imran Khan today said that Wing Commander Abhinandan Varthaman would be released on Thursday as a "Gesture of Peace".