The European and English champions are already facing relegation from the Premiership at the end of the season for breaching salary-cap regulations.
Sarries will face an independent disciplinary committee on Friday after European Professional Club Rugby (EPCR) brought a misconduct complaint against them.
Lamositele came off the bench in a 27-24 win over Racing on January 19, but may have been ineligible due to what EPCR described as "an inadvertent administrative error on behalf of the club".
An independent disciplinary committee consisting of Roger Morris, Pamela Woodman and Jean-Noel Couraud will hear the misconduct complaint in London.
The London club face Leinster in the quarter-finals at the Aviva Stadium on April 4 in a repeat of last season's final.
Photo Getty Images Caption: Saracens prop Titi Lamositele