No — "the" is lowercase in the middle of a title in almost every style guide, and capitalized only as the first or last word.
"The" is lowercase in the middle of a title in AP Style, Chicago Style, MLA Style, and most other editorial style guides. It is only ever capitalized when it appears as the first or last word of a title.
The only universal exception is position. When "the" is the first word of a title, it is always capitalized regardless of style guide. When it is the last word — which is rare but possible — it is also capitalized.
Billboard Style is the one context where "the" is always capitalized. Album covers, song titles, and entertainment copy capitalize every single word, including "the," for maximum visual impact.
APA Style and Wikipedia Style both use sentence case, which means "the" is lowercase anywhere in a title except the very first position. This is the most minimalist approach to title capitalization.
Every major style guide — AP Style, Chicago Style, MLA Style, AMA Style, and NYT Style — treats "the" as a function word that stays lowercase in the middle of a title. The reasoning is that articles like "the," "a," and "an" do not carry independent meaning the way nouns and verbs do.