Nope. The Trojan Horse was invented by the greeks to get their army past the trojans' "R U Friggin' Kidding Me" Wall, win the war and snatch princess Helen back.
Actually, it makes sense, because the horse belonged to the Trojans after it was given to them. When you receive a present, it becomes yours. There's already the "greek gift" expression, too.
Some idiots wanted to play smart and translated it to Trojan horse, which has nothing to do with the original Greek term. In greek it is called Δούρειος Ίππος, meaning Wooden Horse.