Has this ever happened before? I'd assume that you'd have to accidentally come into contact with some shady mafia group over e.g. Bisq for that to even be a remote possibility.
It hasn't happened to me myself, but it has to other people. Someone here in the forum also reported about it in the german local board. Can't find the thread right now. But I can remember that he sold bitcoins for 500 and received counterfeit money. He only noticed this when he wanted to deposit the money at the bank. Unfortunately, he did not report further whether the buyer could be caught with the counterfeit money.

I know that it didn't happen to you, but what's the point of selling Bitcoin in person if you're going to deposit that money in a bank? Why go through such trouble and risk so much for such a petty amount and end up with counterfeit money that will get you in trouble? S/he could have sold through a P2P exchange with a bank transfer or even a normal exchange. Counterfeit money is quite popular among criminals and secretive deals; it's not hard to spot it among a few bills, but almost impossible if we're talking about a couple of thousand euros.