The incident happened in the Ard Bhaile area on Monday.
Two cars were damaged however no one was injured during the incident.
The two suspects, one aged in their late teens and one in their early 20s were arrested earlier yesterday in an operation carried out by the Armed Support Unit, detectives from Gurranabraher and uniformed Gardaí.
The pair are being detained at Mayfield Garda Station and investigations are ongoing.
