Fake news’s quick propagation on social media brings severe social ramifications and economic damage. Previous fake news detection usually learn semantic and structural patterns within a single target propagation tree. However, they are usually limited in narrow signals since they do not consider latent information cross other propagation trees. Motivated by a common phenomenon that most fake news is published around a specific hot event/topic, this paper develops a new concept of propagation forest to naturally combine propagation trees in a semantic-aware clustering. We propose a novel Unified Propagation Forest-based framework (UniPF) to fully explore latent correlations between propagation trees to improve fake news detection. Besides, we design a root-induced training strategy, which encourages representations of propagation trees to be closer to their prototypical root nodes. Extensive experiments on four benchmarks consistently suggest the effectiveness and scalability of UniPF.