The advances in developing the Internet of Underwater Things (IoUT) can lead to numerous applications, namely, environmental monitoring, underwater navigation, and surveillance. Magnetic Induction (MI) is a promising communication solution for IoUT networks. In this article, we focus on a deep-ocean monitoring network, where the underwater relays communicate using MI induction. Placement of the relays in such a system is an exciting and challenging task. Therefore, we propose an optimal relay placement solution for relays in MI-based IoUT networks to improve network throughput. First, we formulate the relay placement problem as a non-convex optimization problem. Then, we propose a global optimization technique based on Reverse Convex Programming (RCP) to solve the non-convex function. Finally, we compare the results of the proposed scheme with the uniform deployment to show its effectiveness.