Bullets scored through Jaffalie Chande and Mussa Manyenje to go for recess leading 2-0.
They capped a brilliant performance with Amos Khamula who made his first full debut for the People’s team with the third goal scored in the second half.
Silver Reserves coach Lyton Mangani applauded his charges that play in Malawi’s third tier league for putting up a good fight.
The Silver Reserve were buoyed by their 3-0 win over Super League outfit Epac United in the preliminary round.
But Super League leaders were just too good for Silver Reserve to make their dreams of reaching the paid up ranks of the competition come true.
Following the victory Bullets will square up against tricky opponents Mafco away as they seek to defend the cup.
On Saturday Support Battalion beat Civo United 1-0 to become the only lower league side standing in the competition.
Chilumba Barracks, who showed Super League side FISD FC the exit door, failed to pull another shocker as Mighty Be Forward’s Mapopa Kaunda scored the only goal of the game to reach the quarterfinals.
Azam Tigers were also booted out of the cup by Dedza Young Soccer Stars on penalties after a one-all draw while Moyale Barracks conquered their fellow military outfit Red Lions 4-3 on penalties.
The two sides settled for a goalless draw to force the match into penalties.
The quarterfinal fixture is as follows:
Mafco vs Bullets FC at chitowe
Dedza vs Beforward at dedza
Kamuzu Barracks vs Moyale at civo
Support Battalion vs Silver at civo