Officers went to Holgate Road, Parson Cross, at 6.25pm yesterday following 'a disturbance in the street'.
One resident claimed a gang of youths carrying machetes were trying to get into a house at the top of the road, and that a gunshot had been fired.
But a police spokesman said: "We are not dealing with this as a criminal use of a firearm, merely a disturbance in the street."
Witnesses are being sought. Call 101.