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Shots were fired in downtown Surat Thani on Monday after a police sting operation went wrong.
Police laid in wait and when they presented themselves the extortionist refused to give up and started shooting. A gunfight ensued in broad daylight and the man was hit, reports Thairath.
Phongphan Siri, 24, from Surat Thani was taken to hospital with two bullet wounds to the chest but was out of danger of death.
He had earlier visited the student in rented rooms in Soi Saeng Arun claiming to be a cop. He wanted money but the student had none so he took a games console saying that he would be back for more.
Meanwhile the student informed real police who laid in wait.
A full investigation is now underway.