college plays- double shot

[mutantducky]

First- player on West Virgina gets fouled going up for a shot looses the ball but grabs it again in mid-air and makes it. The refs, however after looking at the tape take away the basket and give him two shots. They reasoned that his first shot had ended when he lost the ball and even though he made a nice play getting the ball back while still in air, the shot didn't count.
1. Is this the same in HS?
2. Could multiple fouls be called here, If he gets fouled on the second shot? Would you still just shoot two fts or ignore one of the fouls?