-Plasmon induced transparency (PIT) effect in a terahertz graphene metamaterial is numerically and theoretically analyzed. The proposed metamaterial comprises of a pair of graphene split ring resonators placed alternately on both sides of a graphene strip of nanometer scale. The PIT effect in the graphene metamaterial is studied for different vertical and horizontal configurations. Our results reveal that there is no PIT effect in the graphene metamaterial when the centers of both the split ring resonators and the graphene strip are collinear to each other. This is a noteworthy feature, as the PIT effect does not vanish for similar configuration in a metal-based metamaterial structure. We have further shown that the PIT effect can be tuned by varying the Fermi energy of graphene layer. A theoretical model using the three level plasmonic system is established in order to validate the numerical results. Our studies could be significant in designing graphene based frequency agile ultra-thin devices for terahertz applications.Introduction. -Electromagnetically induced transparency (EIT) is an interference effect that occurs in a three level atomic system. In EIT, an atom that absorbs a particular light signal is rendered transparent by shining another light signal having nearly the same resonance frequency [1]. In 2008, a novel study done by Zhang and his co-workers revealed that an EIT like phenomenon can occur in plasmonic metamaterials (MMs) [2]. The plasmonic analogue of this EIT effect is known as the Plasmon Induced Transparency (PIT) effect in MMs [2][3][4][5]. PIT usually occurs as a result of interference between the bright and dark plasmonic modes. The bright mode strongly couples with the incident light while the dark mode couples weakly with the incident light [6]. For the PIT effect to occur, both the bright and the dark modes should have similar resonant frequencies [2,7]. Then, the destructive interference of these modes induces a narrow transparency region in the otherwise absorptive spectrum. Since the detection of the PIT effect, a lot of theoretical as well as experimental studies have been done revealing its potential in various applications such as ultrafast sensing [8][9][10],