The main question is who is in actual possession of the property.
If the third party who created false records is in actual possession of the property, then he will be at an advantage and the real owners will be at a disadvantage.
There is a possibility that the third party may claim adverse possession, if he is in actual possession for more than twelve years. The law of adverse possession is complicated.
You must try to remove him from the property before twelve years, and establish your possession with evidence.
Even if he is possession for more than twelve years, you can still take action against him, but the chances of success will be low.
Even though adverse possession is against ethics and morals, it is legal. Supreme Court of India urged the Parliament to modify the law and make it tough to claim adverse possession, but our dear politicians are busy playing politics. It is better to scrap the law of adverse possession.
There are also a few judgments of Supreme Court of India, which say that the law of adverse possession prevails over other laws. If the third party claims adverse possession and if you claim that you are the real owner, the third party is likely to win, because the law of adverse possession is likely to prevail over other laws.
For example, in this case, the doctrine of lis pendens of Section 52 of Transfer of Property Act will not come to the rescue of real owners. The law of adverse possession will prevail over the doctrine of lis pendens. Supreme Court of India said so in a couple of judgments.
As always, it all depends on the facts and circumstances of the case. You must ensure that the real owners are in actual possession of the property. If a third party is in actual possession, necessary steps must be taken against him. Impleading him into the partition suit is a good idea, because we will know what is in his mind, whether he intends to claim adverse possession. However, impleading him into the partition suit alone may not be sufficient. You may have to take other steps such as filing another suit to get the sale deed cancelled, evicting him from the property, filing criminal complaints, police case and so on.
If the real owners are in actual possession of the property, then there is no need to worry.