This article explores the modulation instability of a continuous or quasi-continuous weak probe pulse in a three-level asymmetric double quantum wells under an electromagnetically induced transparency regime, controlled by a strong laser beam. The dynamics of modulation instability reveals that the instability gain as well as its bandwidth is greatly influenced by control field Rabi frequency. The probe pulse is found to be almost stable against modulation instability for higher values of control field Rabi frequency. The results of this investigation may potentially apply for oscillation free generation of supercontinuum in quantum well nanostructures.