Is it acceptable if I write a title of a thesis of the same as the title of the co-advisor paper?
No, I do not think it is generally a good idea to use a title for your work that has already been used before. Main reason would be that it makes it both publications harder to search for, and allows for mistakes. Just come up with a slightly different title of your own.
The only exception I see is for two publications that are in some sense the same work, such as the conference publication,  journal publication, and possible arxiv preprint of one and the same paper. Some discussion can be had here about when it is still &quot;the same paper&quot;, since generally these 3 versions will differ somewhat, but that is not relevant to your case.