Can anyone tell me the solution regarding this issue

You should disable the Repository ubuntu-wine via the "Software and Updates" application.
Were you trying to install the latest version of W.I.N.E, intended as the app to run Windows software on Linux?

yes, but wine is not working properply as well as its not updating....
btw i can't see the wine repository:

It's there, look closely towards the bottom of that list.

got it, thanks buddy
btw, idk why my wine also creating this issue

Is this a duplicate thread for:

yeah, that time I was getting issue in software updates, and now it is solved

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Thread closed as duplicate.