On the 15th Jul 1991, the fighter Squadron of Flight Lieutenant Mysore Krishnaswamy Rama Prasad moved to 41 Wing, Air Force for Live Armament Practice. On the 17th July 91, a MiG-27 ML aircraft No. TS 539 was armed with one 250 Kg Bomb on the rear fuselage station, and 100 rds of 30 mm Front Gun ammunition had lined up on the runway for a pair take-off. As the throttle was opened, the pilot in the other aircraft noticed sparks and fire emanating from the rear of aircraft TS 539. The pilot of aircraft TS 539 was informed about the fire and asked to vacate his aircraft immediately. The rear of the aircraft was engulfed in fire by the time the crash tender arrived.

While the efforts to extinguish the fire were going on, there was a grave danger of the 250 Kg Bomb exploding at any instant. Flt Lt Prasad jumped and pulled himself up to the cockpit, and put the battery master and all armament switches off. He slipped while jumping down due to foam/water on the runway and injured his leg. Without bothering about the injury, he proceeded to open the panel that housed the fuel shut off cock. The fuel shut off cock was required to be closed to prevent further spread of fire. This panel was red hot as there was fire in its proximity at the time. He persevered and succeeded in opening the panel, and closed the fuel shut off cock manually. Fully aware of the grave danger of the bomb exploding at any moment due to intense heat, Flt Lt Prasad now moved to the 250 Kg Bomb to remove its fuse and make it safe. The electrical release unit cartridge could have operated, due to intense heat, thereby causing the bomb to release and possible explode. Flt Lt Prasad, therefore, removed the electrical release unit cartridge, thereby eliminating the danger of accidental release of the bomb. He then removed the electrical connection to make the 30 mm gun safe. The timely actions taken by Flt Lt Prasad prevented further damage to a costly aircraft and possible loss of several human lives. Flt Lt Mysore Krishnaswamy Rama Prasad, thus displayed conspicuous courage and exemplary presence of mind in tackling a potentially dangerous situation.