Terahertz (THz) wave interaction from graphene coated metamaterial cylinder has been investigated analytically and numerically. The analytical formulation of electromagnetic fields is being modeled in the frame work of Mie theory while the modeling of the graphene is done by random phase approximation method. The causality principle based Kramer-Kroing relations are used to simulate the DNG metamaterial, while the DPS metamaterial is modeled by the Drude relations of SiO2. The analytical formulation is developed for both parallel and perpendicular polarized waves. The impedance boundary conditions (IBC) approach is used to model the infinitely thin graphene coating on metamaterial cylinder. Further the IBC at the interface of graphene layer and metamaterial cylinder are applied to compute the unknown scattering coefficients. The efficiency factors i.e., scattering efficiency (Qsca), extinction efficiency (Qexc) & absorption efficiency (Qabs) and bistatic radar cross section (RCS) have been computed analytically as well as numerically for both micro and nano cores. The influence of graphene parameters i.e., chemical potential (μc) & scattering rate (τ1) and size of metamaterial cylinder (R) on the scattering efficiency (Qsca) and extinction efficiency (Qexc) has been analyzed for DPS and DNG cores. It is observed that the in the nano regime, for perpendicularly polarized wave, graphene coated metamaterial cylinder supports the localized surface plasmon resonance (LSPR) modes and LSPR is found sensitive to the change in the graphene parameters and core size. However, it is reported that the parallel polarized wave has same response towards the DPS and DNG cores in the nano regime. It is concluded that under suitable parameters the graphene coating may provide extraordinary degree of freedom to actively control the THz interactions i.e., scattering efficiency, extinction efficiency and bistatic RCS. The present work may have potential applications in designing and manufacturing of Electromagnetic invisibility, cloaking and target protection devices for THz region.