The car was heading towards Pune when its driver lost control over the wheels at around 3 AM under Kamshet police station limit, leading to the mishap, they said.
Three occupants of the car -- identified as Aditya Bhandarkar, Yash Shirali and Abhishek -- died on the spot, whereas two others succumbed to their injuries at a hospital, a duty officer at Kamshet police station said.
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The victims, in the age group of 20-22 years, are believed to be college students from Pune.
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