The potential energy of a freely falling object decreases progressively. Does this violate the law of conservation of energy? Why?

Q. The potential energy of a freely falling object decreases progressively. Does this violate the law of conservation of energy? Why? 
Ans. It does not violate the law of conservation of energy. Whatever, is the decrease in PE due to loss of height, same is the increase in the KE due to increase in velocity of the body.

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