Terleckas was born on 9 February 1928 in Krivasalis village, Ignalina district. While studying at a progymnasium in 1945, he was arrested and accused of membership in the underground organisation Geležinis vilkas (Iron Wolf). He was released after a couple of months due to lack of evidence. He moved to Vilnius in 1946 where he studied at Vilnius University Faculty of Economics.

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