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Directions for below question:

Five horses, Red, White, Grey, Black and Spotted participated in a race, As per the rules of the race, the persons betting on the winning horse get four times the betting amount and those betting on the horse that came in second get thrice of the bet amount, the bet amount is returned to those betting on the horse that came in third and rest lose the bet amount. Raju bets Rs. $3000,$ Rs. $2000$ and Rs. $1000$ on Red, White and Black horses respectively and ends up with no profit and no loss.

Which of the following cannot be true?

1. At least two horses finished before Spotted.
2. Red finished last.
3. There were three horses between Black and Spotted
4. There were three horses between White and Red
5. Grey came in second