A Monmouth County go-go bar has agreed to close down for 135 days and pay a $300,000 settlement after undercover state investigators saw dancers engaging in acts of lewdness on four occasions.

Fantasies on Route 36 in Keyport accepted the punishment and closed its doors on Jan. 2, according to a consent order from the state’s Alcohol and Beverage Council. The go-go bar can not open until May 16.

It must also pay $60,000 a year for the next five years. The payments are due on June 1 every year through 2024. The news was first reported by APP.com.

Fantasies agreed to the punishment by pleading no contest in mid-December after previously fighting the chargers. The settlement resolves all charges against the business.

The investigators visited the go-go bar twice in October 2016 and found seven different dancers either not wearing proper clothing, or engaging in illegal touching with customers. Dancers at go-go bars are not permitted to be topless or nude because alcohol is served.

The ABC filed similar charges for incidents that allegedly took place in 2014 and 2018

If Fantasies doesn’t make its payments, its license will be revoked, the ABC said.

The state sought to suspend the go-go bar’s liquor license when it revealed the charges in November 2017.

No one answered the phone at Fantasies on Thursday morning. An attorney who represented the business didn’t immediately return a message from NJ Advance Media seeking comment.

Jeff Goldman may be reached at jeff_goldman@njadvancemedia.com. Follow him on Twitter @JeffSGoldman. Find NJ.com on Facebook.